Other small states vs Turkey: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Other small states
- Turkey
How they compare
Turkey currently reports 10.9% against 6.0% in Other small states, a difference of 4.9%.
That makes Turkey's figure about 1.8 times Other small states's.
The two have swapped places 2 times across 29 shared years of data; in 1992 it was Turkey ahead.
Other small states ranks 39th and Turkey ranks 42nd of 47 groups.
Turkey has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Other small states | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.7% | 9.3% | 3.6% | Turkey |
| 2000s | 6.9% | 15.2% | 8.3% | Turkey |
| 2010s | 9.4% | 12.4% | 3.0% | Turkey |
| 2020s | 6.4% | 9.7% | 3.3% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Other small states or Turkey?
- Turkey, at 10.9% against 6.0% in Other small states as of 2025.
- What is the difference in insurance and financial services between Other small states and Turkey?
- 4.9%, with Turkey ahead.
- How many years of comparable data are there for Other small states and Turkey?
- 29 years are reported by both, from 1992 to 2025.
- How do Other small states and Turkey rank globally for insurance and financial services?
- Other small states ranks 39th and Turkey ranks 42nd 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.