Canada vs Middle income: Insurance and financial services
Insurance and financial services over time
- Canada
- Middle income
How they compare
Canada currently reports 9.7% against 2.9% in Middle income, a difference of 6.8%.
That makes Canada's figure about 3.4 times Middle income's.
Across all 44 years both countries report, Canada has been ahead every year.
Canada ranks 33rd and Middle income ranks 34th of 190 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.6% | 3.9% | 6.7% | Canada |
| 1990s | 8.4% | 2.6% | 5.7% | Canada |
| 2000s | 7.1% | 2.5% | 4.5% | Canada |
| 2010s | 10.2% | 3.5% | 6.7% | Canada |
| 2020s | 10.3% | 3.4% | 6.8% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Canada or Middle income?
- Canada, at 9.7% against 2.9% in Middle income as of 2025.
- What is the difference in insurance and financial services between Canada and Middle income?
- 6.8%, with Canada ahead.
- How many years of comparable data are there for Canada and Middle income?
- 44 years are reported by both, from 1982 to 2025.
- How do Canada and Middle income rank globally for insurance and financial services?
- Canada ranks 33rd and Middle income ranks 34th 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.