Belarus vs Philippines: Insurance and financial services

Belarus
1.0%
in 2021
Philippines
1.1%
in 2025
Belarus rank
142nd
Philippines rank
141st

Insurance and financial services over time

  • Belarus
  • Philippines
00.511.52198420042025

How they compare

Philippines currently reports 1.1% against 1.0% in Belarus, a difference of 0.1%.

That makes Philippines's figure about 1.1 times Belarus's.

The two have swapped places 4 times across 29 shared years of data; in 1993 it was Belarus ahead.

Belarus ranks 142nd and Philippines ranks 141st of 190 countries.

Across the 4 decades both report, Belarus averaged higher in 2 and Philippines in 2.

Head to head by decade

Decade Belarus Philippines Difference Ahead
1990s 0.6% 0.5% 0.1% Belarus
2000s 0.3% 1.2% 0.8% Philippines
2010s 0.7% 1.1% 0.4% Philippines
2020s 0.9% 0.7% 0.2% Belarus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belarus or Philippines?
Philippines, at 1.1% against 1.0% in Belarus as of 2025.
What is the difference in insurance and financial services between Belarus and Philippines?
0.1%, with Philippines ahead.
How many years of comparable data are there for Belarus and Philippines?
29 years are reported by both, from 1993 to 2021.
How do Belarus and Philippines rank globally for insurance and financial services?
Belarus ranks 142nd and Philippines ranks 141st 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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Belarus vs Philippines: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/belarus/philippines/

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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.