Iran, Islamic Republic of vs Least developed countries: Insurance and financial services

Iran, Islamic Republic of
13.5%
in 2000
Least developed countries
7.9%
in 2024
Iran, Islamic Republic of rank
25th
Least developed countries rank
23rd

Insurance and financial services over time

  • Iran, Islamic Republic of
  • Least developed countries
2.557.51012.5197620002024

How they compare

Iran, Islamic Republic of currently reports 13.5% against 7.9% in Least developed countries, a difference of 5.6%.

That makes Iran, Islamic Republic of's figure about 1.7 times Least developed countries's.

Across all 15 years both countries report, Iran, Islamic Republic of has been ahead every year.

Iran, Islamic Republic of ranks 25th and Least developed countries ranks 23rd of 197 countries.

Iran, Islamic Republic of has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iran, Islamic Republic of Least developed countries Difference Ahead
1980s 10.9% 5.4% 5.5% Iran, Islamic Republic of
1990s 9.4% 4.8% 4.6% Iran, Islamic Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iran, Islamic Republic of or Least developed countries?
Iran, Islamic Republic of, at 13.5% against 7.9% in Least developed countries as of 2000.
What is the difference in insurance and financial services between Iran, Islamic Republic of and Least developed countries?
5.6%, with Iran, Islamic Republic of ahead.
How many years of comparable data are there for Iran, Islamic Republic of and Least developed countries?
15 years are reported by both, from 1983 to 1998.
How do Iran, Islamic Republic of and Least developed countries rank globally for insurance and financial services?
Iran, Islamic Republic of ranks 25th and Least developed countries ranks 23rd 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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Iran, Islamic Republic of vs Least developed countries: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/iran-islamic-rep/least-developed-countries-un-classification/

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About this data

Indicator
Insurance and financial services (% of commercial service imports)
Unit
% of commercial service imports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 data points, 1960–2025
Last refreshed

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.