Belgium vs Italy: Insurance and financial services

Belgium
8.7%
in 2025
Italy
8.5%
in 2025
Belgium rank
42nd
Italy rank
43rd

Insurance and financial services over time

  • Belgium
  • Italy
46810197019972025

How they compare

Belgium currently reports 8.7% against 8.5% in Italy, a difference of 0.2%.

The two have swapped places 8 times across 24 shared years of data; in 2002 it was Belgium ahead.

Belgium ranks 42nd and Italy ranks 43rd of 190 countries.

Across the 3 decades both report, Belgium averaged higher in 2 and Italy in 1.

Head to head by decade

Decade Belgium Italy Difference Ahead
2000s 7.6% 5.9% 1.7% Belgium
2010s 8.4% 7.0% 1.4% Belgium
2020s 8.1% 8.5% 0.4% Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belgium or Italy?
Belgium, at 8.7% against 8.5% in Italy as of 2025.
What is the difference in insurance and financial services between Belgium and Italy?
0.2%, with Belgium ahead.
How many years of comparable data are there for Belgium and Italy?
24 years are reported by both, from 2002 to 2025.
How do Belgium and Italy rank globally for insurance and financial services?
Belgium ranks 42nd and Italy ranks 43rd 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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Belgium vs Italy: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/belgium/italy/

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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.