Algeria vs Armenia: Insurance and financial services

Algeria
10.6%
in 2024
Armenia
11.7%
in 2025
Algeria rank
26th
Armenia rank
23rd

Insurance and financial services over time

  • Algeria
  • Armenia
05101520197720012025

How they compare

Armenia currently reports 11.7% against 10.6% in Algeria, a difference of 1.1%.

That makes Armenia's figure about 1.1 times Algeria's.

Across all 20 years both countries report, Algeria has been ahead every year.

Algeria ranks 26th and Armenia ranks 23rd of 190 countries.

Algeria has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Algeria Armenia Difference Ahead
2000s 9.5% 2.3% 7.2% Algeria
2010s 9.7% 1.9% 7.8% Algeria
2020s 10.0% 6.7% 3.3% Algeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Algeria or Armenia?
Armenia, at 11.7% against 10.6% in Algeria as of 2025.
What is the difference in insurance and financial services between Algeria and Armenia?
1.1%, with Armenia ahead.
How many years of comparable data are there for Algeria and Armenia?
20 years are reported by both, from 2005 to 2024.
How do Algeria and Armenia rank globally for insurance and financial services?
Algeria ranks 26th and Armenia ranks 23rd of 190 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 service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Algeria vs Armenia: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/algeria/armenia/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.