Saudi Arabia vs Thailand: Insurance and financial services
Insurance and financial services over time
- Saudi Arabia
- Thailand
How they compare
Thailand currently reports 7.1% against 6.8% in Saudi Arabia, a difference of 0.3%.
The two have swapped places 6 times across 51 shared years of data; in 1975 it was Thailand ahead.
Saudi Arabia ranks 83rd and Thailand ranks 81st of 197 countries.
Across the 6 decades both report, Saudi Arabia averaged higher in 3 and Thailand in 3.
Head to head by decade
| Decade | Saudi Arabia | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.5% | 5.6% | 1.1% | Thailand |
| 1980s | 2.8% | 5.8% | 3.0% | Thailand |
| 1990s | 2.2% | 5.1% | 2.9% | Thailand |
| 2000s | 5.6% | 5.5% | 0.1% | Saudi Arabia |
| 2010s | 7.6% | 5.7% | 1.8% | Saudi Arabia |
| 2020s | 7.9% | 6.9% | 1.0% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Saudi Arabia or Thailand?
- Thailand, at 7.1% against 6.8% in Saudi Arabia as of 2025.
- What is the difference in insurance and financial services between Saudi Arabia and Thailand?
- 0.3%, with Thailand ahead.
- How many years of comparable data are there for Saudi Arabia and Thailand?
- 51 years are reported by both, from 1975 to 2025.
- How do Saudi Arabia and Thailand rank globally for insurance and financial services?
- Saudi Arabia ranks 83rd and Thailand ranks 81st 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.