IDA blend vs Panama: Insurance and financial services
Insurance and financial services over time
- IDA blend
- Panama
How they compare
Panama currently reports 17.8% against 8.8% in IDA blend, a difference of 9.0%.
That makes Panama's figure about 2.0 times IDA blend's.
Across all 46 years both countries report, Panama has been ahead every year.
IDA blend ranks 15th and Panama ranks 13th of 47 groups.
Panama has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IDA blend | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 7.8% | 3.9% | Panama |
| 1980s | 4.4% | 10.5% | 6.1% | Panama |
| 1990s | 4.4% | 10.0% | 5.6% | Panama |
| 2000s | 4.8% | 15.1% | 10.2% | Panama |
| 2010s | 5.9% | 15.1% | 9.2% | Panama |
| 2020s | 7.6% | 14.0% | 6.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA blend or Panama?
- Panama, at 17.8% against 8.8% in IDA blend as of 2025.
- What is the difference in insurance and financial services between IDA blend and Panama?
- 9.0%, with Panama ahead.
- How many years of comparable data are there for IDA blend and Panama?
- 46 years are reported by both, from 1977 to 2024.
- How do IDA blend and Panama rank globally for insurance and financial services?
- IDA blend ranks 15th and Panama ranks 13th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of commercial service imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.