Iraq vs Macao: Insurance and financial services (% of commercial service imports)

Iraq
21.4%
in 2025
Macao
23.7%
in 2025
Iraq rank
7th
Macao rank
5th

Insurance and financial services (% of commercial service imports) over time

  • Iraq
  • Macao
101520253035200220132025

How they compare

Macao currently reports 23.7% against 21.4% in Iraq, a difference of 2.3%.

That makes Macao's figure about 1.1 times Iraq's.

The two have swapped places 3 times across 21 shared years of data; in 2005 it was Iraq ahead.

Iraq ranks 7th and Macao ranks 5th of 197 countries.

Across the 3 decades both report, Iraq averaged higher in 2 and Macao in 1.

Head to head by decade

Decade Iraq Macao Difference Ahead
2000s 24.0% 14.1% 9.8% Iraq
2010s 20.8% 15.4% 5.4% Iraq
2020s 18.7% 28.2% 9.6% Macao

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iraq or Macao?
Macao, at 23.7% against 21.4% in Iraq as of 2025.
What is the difference in insurance and financial services between Iraq and Macao?
2.3%, with Macao ahead.
How many years of comparable data are there for Iraq and Macao?
21 years are reported by both, from 2005 to 2025.
How do Iraq and Macao rank globally for insurance and financial services?
Iraq ranks 7th and Macao ranks 5th 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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Iraq vs Macao: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/iraq/macao-sar-china/

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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, 9,492 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.