Macau, China vs OECD members: Insurance and financial services
Insurance and financial services over time
- Macau, China
- OECD members
How they compare
Macau, China currently reports 22.1% against 11.5% in OECD members, a difference of 10.6%.
That makes Macau, China's figure about 1.9 times OECD members's.
Across all 23 years both countries report, Macau, China has been ahead every year.
Macau, China ranks 5th and OECD members ranks 4th of 197 countries.
Macau, China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Macau, China | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.3% | 10.1% | 4.2% | Macau, China |
| 2010s | 15.4% | 10.1% | 5.3% | Macau, China |
| 2020s | 29.2% | 11.1% | 18.1% | Macau, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Macau, China or OECD members?
- Macau, China, at 22.1% against 11.5% in OECD members as of 2024.
- What is the difference in insurance and financial services between Macau, China and OECD members?
- 10.6%, with Macau, China ahead.
- How many years of comparable data are there for Macau, China and OECD members?
- 23 years are reported by both, from 2002 to 2024.
- How do Macau, China and OECD members rank globally for insurance and financial services?
- Macau, China ranks 5th and OECD members ranks 4th 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.