Belgium vs Least developed countries: Insurance and financial services
Insurance and financial services over time
- Belgium
- Least developed countries
How they compare
Belgium currently reports 8.7% against 1.7% in Least developed countries, a difference of 7.0%.
That makes Belgium's figure about 5.1 times Least developed countries's.
Across all 10 years both countries report, Belgium has been ahead every year.
Belgium ranks 42nd and Least developed countries ranks 42nd of 190 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.1% | 1.7% | 5.4% | Belgium |
| 2010s | 8.4% | 2.3% | 6.1% | Belgium |
| 2020s | 7.9% | 1.7% | 6.2% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Belgium or Least developed countries?
- Belgium, at 8.7% against 1.7% in Least developed countries as of 2025.
- What is the difference in insurance and financial services between Belgium and Least developed countries?
- 7.0%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Least developed countries?
- 10 years are reported by both, from 2003 to 2024.
- How do Belgium and Least developed countries rank globally for insurance and financial services?
- Belgium ranks 42nd and Least developed countries ranks 42nd 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.