Middle East, North Africa, Afghanistan & Pakistan vs Oman: Insurance and financial services
Insurance and financial services over time
- Middle East, North Africa, Afghanistan & Pakistan
- Oman
How they compare
Oman currently reports 14.5% against 8.5% in Middle East, North Africa, Afghanistan & Pakistan, a difference of 6.0%.
That makes Oman's figure about 1.7 times Middle East, North Africa, Afghanistan & Pakistan's.
Across all 14 years both countries report, Oman has been ahead every year.
Middle East, North Africa, Afghanistan & Pakistan ranks 18th and Oman ranks 20th of 47 groups.
Oman has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.3% | 12.3% | 3.0% | Oman |
| 2020s | 9.3% | 15.4% | 6.0% | Oman |
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 or Oman?
- Oman, at 14.5% against 8.5% in Middle East, North Africa, Afghanistan & Pakistan as of 2024.
- What is the difference in insurance and financial services between Middle East, North Africa, Afghanistan & Pakistan and Oman?
- 6.0%, with Oman ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan and Oman?
- 14 years are reported by both, from 2011 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan and Oman rank globally for insurance and financial services?
- Middle East, North Africa, Afghanistan & Pakistan ranks 18th and Oman ranks 20th 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.