IDA total vs Iran: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- IDA total
- Iran
How they compare
Iran currently reports 13.5% against 8.2% in IDA total, a difference of 5.3%.
That makes Iran's figure about 1.6 times IDA total's.
The two have swapped places 1 time across 24 shared years of data; in 1977 it was IDA total ahead.
IDA total ranks 23rd and Iran ranks 23rd of 47 groups.
Across the 4 decades both report, IDA total averaged higher in 1 and Iran in 3.
Head to head by decade
| Decade | IDA total | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.0% | 2.2% | 2.9% | IDA total |
| 1980s | 5.5% | 10.0% | 4.4% | Iran |
| 1990s | 5.0% | 9.6% | 4.6% | Iran |
| 2000s | 5.0% | 13.5% | 8.5% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA total or Iran?
- Iran, at 13.5% against 8.2% in IDA total as of 2000.
- What is the difference in insurance and financial services between IDA total and Iran?
- 5.3%, with Iran ahead.
- How many years of comparable data are there for IDA total and Iran?
- 24 years are reported by both, from 1977 to 2000.
- How do IDA total and Iran rank globally for insurance and financial services?
- IDA total ranks 23rd and Iran ranks 23rd 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.