Insurance and financial services (% of commercial service imports) in Iran
Iran: Insurance and financial services (% of commercial service imports) was 13.5% in 2000. ▲ Rising
Insurance and financial services in Iran, 1976–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
In 2000, insurance and financial services in Iran stood at 13.5%. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 30.6% on the previous year and up 25.4% over ten years.
Over the whole period, insurance and financial services in Iran peaked at 13.5% in 2000 and was at its lowest, 1.8%, in 1978.
Iran ranks 23rd of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Insurance and financial services (% of commercial service imports) in Iran, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1976 | 3.3% | — |
| 1977 | 2.5% | -23.0% |
| 1978 | 1.8% | -28.3% |
| 1979 | 2.2% | +18.5% |
| 1980 | 6.6% | +207.6% |
| 1981 | 8.1% | +22.2% |
| 1982 | 8.5% | +4.9% |
| 1983 | 12.3% | +44.1% |
| 1984 | 10.7% | -12.7% |
| 1985 | 10.7% | -0.3% |
| 1986 | 10.9% | +1.9% |
| 1987 | 11.8% | +8.7% |
| 1988 | 9.4% | -20.7% |
| 1989 | 10.9% | +16.1% |
| 1990 | 10.8% | -0.9% |
| 1991 | 9.1% | -15.8% |
| 1992 | 10.6% | +17.4% |
| 1993 | 7.5% | -29.3% |
| 1994 | 8.2% | +9.3% |
| 1995 | 9.9% | +20.3% |
| 1996 | 10.4% | +4.9% |
| 1997 | 8.2% | -20.7% |
| 1998 | 10.9% | +32.7% |
| 1999 | 10.3% | -5.4% |
| 2000 | 13.5% | +30.6% |
Iran compared with similar countries
- Iran's 13.5% is above the median for upper middle income countries, which is 6.4%, 2.1× the median. (55 countries reporting)
- Iran's 13.5% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 2.0× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) in Iran changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +207.6% | 2.2% | 6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.5% | 1.8% | 3.3% | 4 |
| 1980s | 10.0% | 6.6% | 12.3% | 10 |
| 1990s | 9.6% | 7.5% | 10.9% | 10 |
| 2000s | 13.5% | 13.5% | 13.5% | 1 |
Countries ranked near Iran
More private sector data for Iran
- Merchandise trade 49.3% (2025)
- Food imports 26.1% (2023)
- Manufactures imports 57.5% (2023)
- Merchandise imports 65.63 billion current US$ (2025)
- Commercial service imports 1.58 billion current US$ (2000)
- Food exports 5.6% (2023)
- Manufactures exports 21.4% (2023)
- Merchandise exports 113.22 billion current US$ (2025)
- Commercial service exports 1.36 billion current US$ (2000)
- Merchandise exports (current US$), per capita 1,225 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Iran?
- Insurance and financial services in Iran was 13.5% in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Iran?
- The highest recorded value was 13.5% in 2000.
- What is the lowest insurance and financial services recorded in Iran?
- The lowest recorded value was 1.8% in 1978.
- How does Iran rank for insurance and financial services?
- Iran ranks 23rd out of 197 countries with data for 2000.
- Is insurance and financial services rising or falling in Iran?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is rising.
- Where does this Iran data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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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.