Iran vs Small states: Insurance and financial services
Insurance and financial services over time
- Iran
- Small states
How they compare
Iran currently reports 13.5% against 7.8% in Small states, a difference of 5.7%.
That makes Iran's figure about 1.7 times Small states's.
Across all 9 years both countries report, Iran has been ahead every year.
Iran ranks 25th and Small states ranks 27th of 197 countries.
Iran has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iran | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.5% | 6.2% | 3.3% | Iran |
| 2000s | 13.5% | 4.9% | 8.6% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Iran or Small states?
- Iran, at 13.5% against 7.8% in Small states as of 2000.
- What is the difference in insurance and financial services between Iran and Small states?
- 5.7%, with Iran ahead.
- How many years of comparable data are there for Iran and Small states?
- 9 years are reported by both, from 1992 to 2000.
- How do Iran and Small states rank globally for insurance and financial services?
- Iran ranks 25th and Small states ranks 27th 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.