Belgium vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Insurance and financial services

Belgium
8.7%
in 2025
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
2.1%
in 2024
Belgium rank
42nd
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank
41st

Insurance and financial services over time

  • Belgium
  • Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
246810198320042025

How they compare

Belgium currently reports 8.7% against 2.1% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 6.6%.

That makes Belgium's figure about 4.2 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.

Across all 18 years both countries report, Belgium has been ahead every year.

Belgium ranks 42nd and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st of 190 countries.

Belgium has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Belgium Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) Difference Ahead
2000s 8.4% 2.3% 6.1% Belgium
2010s 8.4% 4.5% 3.9% Belgium
2020s 8.0% 2.7% 5.2% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belgium or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
Belgium, at 8.7% against 2.1% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2025.
What is the difference in insurance and financial services between Belgium and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
6.6%, with Belgium ahead.
How many years of comparable data are there for Belgium and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
18 years are reported by both, from 2005 to 2024.
How do Belgium and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for insurance and financial services?
Belgium ranks 42nd and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st 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 Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/belgium/middle-east-north-africa-afghanistan-and-pakistan-ida-and-ibrd/

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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.