IDA blend vs Singapore: Insurance and financial services
Insurance and financial services over time
- IDA blend
- Singapore
How they compare
Singapore currently reports 15.2% against 6.9% in IDA blend, a difference of 8.3%.
That makes Singapore's figure about 2.2 times IDA blend's.
The two have swapped places 5 times across 48 shared years of data; in 1977 it was IDA blend ahead.
IDA blend ranks 16th and Singapore ranks 17th of 45 groups.
Across the 6 decades both report, IDA blend averaged higher in 2 and Singapore in 4.
Head to head by decade
| Decade | IDA blend | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.0% | 0.9% | 2.1% | IDA blend |
| 1980s | 2.4% | 1.2% | 1.2% | IDA blend |
| 1990s | 1.3% | 8.0% | 6.7% | Singapore |
| 2000s | 2.4% | 12.3% | 9.9% | Singapore |
| 2010s | 4.4% | 16.3% | 11.9% | Singapore |
| 2020s | 7.8% | 15.9% | 8.2% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA blend or Singapore?
- Singapore, at 15.2% against 6.9% in IDA blend as of 2025.
- What is the difference in insurance and financial services between IDA blend and Singapore?
- 8.3%, with Singapore ahead.
- How many years of comparable data are there for IDA blend and Singapore?
- 48 years are reported by both, from 1977 to 2024.
- How do IDA blend and Singapore rank globally for insurance and financial services?
- IDA blend ranks 16th and Singapore ranks 17th of 45 groups.
- 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.