Mongolia vs Portugal: Insurance and financial services
Insurance and financial services over time
- Mongolia
- Portugal
How they compare
Mongolia currently reports 5.5% against 5.4% in Portugal, a difference of 0.1%.
The two have swapped places 6 times across 37 shared years of data; in 1986 it was Mongolia ahead.
Mongolia ranks 112th and Portugal ranks 113th of 197 countries.
Across the 5 decades both report, Mongolia averaged higher in 1 and Portugal in 4.
Head to head by decade
| Decade | Mongolia | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.2% | 6.0% | 2.2% | Mongolia |
| 1990s | 4.0% | 5.2% | 1.2% | Portugal |
| 2000s | 2.4% | 7.9% | 5.6% | Portugal |
| 2010s | 5.1% | 7.3% | 2.2% | Portugal |
| 2020s | 6.4% | 6.6% | 0.2% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Mongolia or Portugal?
- Mongolia, at 5.5% against 5.4% in Portugal as of 2024.
- What is the difference in insurance and financial services between Mongolia and Portugal?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Portugal?
- 37 years are reported by both, from 1986 to 2024.
- How do Mongolia and Portugal rank globally for insurance and financial services?
- Mongolia ranks 112th and Portugal ranks 113th 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.