Armenia vs IDA total: Insurance and financial services

Armenia
11.7%
in 2025
IDA total
5.3%
in 2024
Armenia rank
23rd
IDA total rank
22nd

Insurance and financial services over time

  • Armenia
  • IDA total
2.557.51012.5198320042025

How they compare

Armenia currently reports 11.7% against 5.3% in IDA total, a difference of 6.4%.

That makes Armenia's figure about 2.2 times IDA total's.

The two have swapped places 8 times across 29 shared years of data; in 1996 it was Armenia ahead.

Armenia ranks 23rd and IDA total ranks 22nd of 190 countries.

Across the 4 decades both report, Armenia averaged higher in 3 and IDA total in 1.

Head to head by decade

Decade Armenia IDA total Difference Ahead
1990s 3.6% 1.9% 1.7% Armenia
2000s 2.6% 2.5% 0.1% Armenia
2010s 1.9% 3.0% 1.1% IDA total
2020s 6.7% 5.6% 1.1% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Armenia or IDA total?
Armenia, at 11.7% against 5.3% in IDA total as of 2025.
What is the difference in insurance and financial services between Armenia and IDA total?
6.4%, with Armenia ahead.
How many years of comparable data are there for Armenia and IDA total?
29 years are reported by both, from 1996 to 2024.
How do Armenia and IDA total rank globally for insurance and financial services?
Armenia ranks 23rd and IDA total ranks 22nd 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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Armenia vs IDA total: 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/armenia/ida-total/

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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.