South Korea vs Saudi Arabia: Insurance and financial services
Insurance and financial services over time
- South Korea
- Saudi Arabia
How they compare
Saudi Arabia currently reports 4.4% against 4.2% in South Korea, a difference of 0.2%.
The two have swapped places 4 times across 20 shared years of data; in 2006 it was Saudi Arabia ahead.
South Korea ranks 73rd and Saudi Arabia ranks 71st of 190 countries.
Saudi Arabia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.0% | 5.4% | 2.4% | Saudi Arabia |
| 2010s | 2.7% | 5.2% | 2.5% | Saudi Arabia |
| 2020s | 4.4% | 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, South Korea or Saudi Arabia?
- Saudi Arabia, at 4.4% against 4.2% in South Korea as of 2025.
- What is the difference in insurance and financial services between South Korea and Saudi Arabia?
- 0.2%, with Saudi Arabia ahead.
- How many years of comparable data are there for South Korea and Saudi Arabia?
- 20 years are reported by both, from 2006 to 2025.
- How do South Korea and Saudi Arabia rank globally for insurance and financial services?
- South Korea ranks 73rd 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.
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.