Iceland vs Saudi Arabia: Insurance and financial services

Iceland
4.4%
in 2025
Saudi Arabia
4.4%
in 2025
Iceland rank
70th
Saudi Arabia rank
71st

Insurance and financial services over time

  • Iceland
  • Saudi Arabia
051015197620002025

How they compare

Iceland currently reports 4.4% against 4.4% in Saudi Arabia, a difference of 0.0%.

The two have swapped places 4 times across 17 shared years of data; in 2009 it was Iceland ahead.

Iceland ranks 70th and Saudi Arabia ranks 71st of 190 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Saudi Arabia in 1.

Head to head by decade

Decade Iceland Saudi Arabia Difference Ahead
2000s 7.9% 7.0% 0.9% Iceland
2010s 5.3% 5.2% 0.1% Iceland
2020s 4.3% 6.2% 1.9% Saudi Arabia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iceland or Saudi Arabia?
Iceland, at 4.4% against 4.4% in Saudi Arabia as of 2025.
What is the difference in insurance and financial services between Iceland and Saudi Arabia?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and Saudi Arabia?
17 years are reported by both, from 2009 to 2025.
How do Iceland and Saudi Arabia rank globally for insurance and financial services?
Iceland ranks 70th and Saudi Arabia ranks 71st 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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Iceland vs Saudi Arabia: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/iceland/saudi-arabia/

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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.