Hong Kong vs Other small states: Insurance and financial services
Insurance and financial services over time
- Hong Kong
- Other small states
How they compare
Hong Kong currently reports 26.9% against 12.0% in Other small states, a difference of 14.9%.
That makes Hong Kong's figure about 2.2 times Other small states's.
The two have swapped places 2 times across 19 shared years of data; in 2001 it was Hong Kong ahead.
Hong Kong ranks 7th and Other small states ranks 10th of 190 countries.
Hong Kong has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hong Kong | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.8% | 11.7% | 5.1% | Hong Kong |
| 2010s | 18.9% | 16.8% | 2.1% | Hong Kong |
| 2020s | 30.6% | 11.8% | 18.7% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Hong Kong or Other small states?
- Hong Kong, at 26.9% against 12.0% in Other small states as of 2024.
- What is the difference in insurance and financial services between Hong Kong and Other small states?
- 14.9%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Other small states?
- 19 years are reported by both, from 2001 to 2024.
- How do Hong Kong and Other small states rank globally for insurance and financial services?
- Hong Kong ranks 7th and Other small states ranks 10th 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.