Japan vs Least developed countries: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Japan
- Least developed countries
How they compare
Japan currently reports 12.9% against 7.5% in Least developed countries, a difference of 5.4%.
That makes Japan's figure about 1.7 times Least developed countries's.
The two have swapped places 7 times across 25 shared years of data; in 1997 it was Least developed countries ahead.
Japan ranks 30th and Least developed countries ranks 27th of 197 countries.
Across the 4 decades both report, Japan averaged higher in 2 and Least developed countries in 2.
Head to head by decade
| Decade | Japan | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.9% | 5.1% | 1.1% | Least developed countries |
| 2000s | 4.8% | 5.3% | 0.5% | Least developed countries |
| 2010s | 6.4% | 6.4% | 0.1% | Japan |
| 2020s | 11.5% | 7.1% | 4.4% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Japan or Least developed countries?
- Japan, at 12.9% against 7.5% in Least developed countries as of 2025.
- What is the difference in insurance and financial services between Japan and Least developed countries?
- 5.4%, with Japan ahead.
- How many years of comparable data are there for Japan and Least developed countries?
- 25 years are reported by both, from 1997 to 2024.
- How do Japan and Least developed countries rank globally for insurance and financial services?
- Japan ranks 30th and Least developed countries 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.