Lebanon vs Low income: Insurance and financial services
Insurance and financial services over time
- Lebanon
- Low income
How they compare
Lebanon currently reports 9.4% against 2.1% in Low income, a difference of 7.3%.
That makes Lebanon's figure about 4.5 times Low income's.
The two have swapped places 2 times across 18 shared years of data; in 2005 it was Lebanon ahead.
Lebanon ranks 37th and Low income ranks 40th of 190 countries.
Across the 3 decades both report, Lebanon averaged higher in 2 and Low income in 1.
Head to head by decade
| Decade | Lebanon | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 3.0% | 0.6% | Low income |
| 2010s | 13.5% | 2.7% | 10.8% | Lebanon |
| 2020s | 7.5% | 2.5% | 5.1% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Lebanon or Low income?
- Lebanon, at 9.4% against 2.1% in Low income as of 2023.
- What is the difference in insurance and financial services between Lebanon and Low income?
- 7.3%, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Low income?
- 18 years are reported by both, from 2005 to 2022.
- How do Lebanon and Low income rank globally for insurance and financial services?
- Lebanon ranks 37th and Low income ranks 40th 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.