India vs Micronesia, Federated States of: Insurance and financial services
Insurance and financial services over time
- India
- Micronesia, Federated States of
How they compare
India currently reports 2.9% against 2.8% in Micronesia, Federated States of, a difference of 0.1%.
That makes India's figure about 1.1 times Micronesia, Federated States of's.
Across all 6 years both countries report, India has been ahead every year.
India ranks 158th and Micronesia, Federated States of ranks 160th of 197 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.6% | 2.3% | 7.4% | India |
| 2010s | 9.5% | 2.8% | 6.7% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, India or Micronesia, Federated States of?
- India, at 2.9% against 2.8% in Micronesia, Federated States of as of 2025.
- What is the difference in insurance and financial services between India and Micronesia, Federated States of?
- 0.1%, with India ahead.
- How many years of comparable data are there for India and Micronesia, Federated States of?
- 6 years are reported by both, from 2009 to 2014.
- How do India and Micronesia, Federated States of rank globally for insurance and financial services?
- India ranks 158th and Micronesia, Federated States of ranks 160th of 197 countries.
- 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.