Armenia vs IDA only: Insurance and financial services
Insurance and financial services over time
- Armenia
- IDA only
How they compare
Armenia currently reports 11.7% against 4.5% in IDA only, a difference of 7.2%.
That makes Armenia's figure about 2.6 times IDA only's.
The two have swapped places 7 times across 24 shared years of data; in 2001 it was IDA only ahead.
Armenia ranks 23rd and IDA only ranks 25th of 190 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and IDA only in 2.
Head to head by decade
| Decade | Armenia | IDA only | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 2.6% | 0.1% | IDA only |
| 2010s | 1.9% | 2.4% | 0.5% | IDA only |
| 2020s | 6.7% | 4.5% | 2.2% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or IDA only?
- Armenia, at 11.7% against 4.5% in IDA only as of 2025.
- What is the difference in insurance and financial services between Armenia and IDA only?
- 7.2%, with Armenia ahead.
- How many years of comparable data are there for Armenia and IDA only?
- 24 years are reported by both, from 2001 to 2024.
- How do Armenia and IDA only rank globally for insurance and financial services?
- Armenia ranks 23rd and IDA only ranks 25th 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.
Individual pages
About this data
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.