Middle East, North Africa, Afghanistan & Pakistan (excluding high income) vs Panama: Insurance and financial services
Insurance and financial services over time
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- Panama
How they compare
Panama currently reports 17.8% against 9.5% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 8.3%.
That makes Panama's figure about 1.9 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.
The two have swapped places 2 times across 35 shared years of data; in 1977 it was Panama ahead.
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 11th and Panama ranks 13th of 47 groups.
Panama has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.8% | 7.8% | 3.0% | Panama |
| 1980s | 5.8% | 10.5% | 4.6% | Panama |
| 1990s | 6.6% | 9.2% | 2.6% | Panama |
| 2000s | 9.0% | 16.2% | 7.2% | Panama |
| 2010s | 10.0% | 15.1% | 5.2% | Panama |
| 2020s | 10.0% | 14.0% | 4.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) or Panama?
- Panama, at 17.8% against 9.5% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama?
- 8.3%, with Panama ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama?
- 35 years are reported by both, from 1977 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama rank globally for insurance and financial services?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 11th and Panama ranks 13th of 47 groups.
- 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.