Lower middle income vs Panama: Insurance and financial services
Insurance and financial services over time
- Lower middle income
- Panama
How they compare
Panama currently reports 9.8% against 3.0% in Lower middle income, a difference of 6.8%.
That makes Panama's figure about 3.3 times Lower middle income's.
The two have swapped places 1 time across 49 shared years of data; in 1977 it was Lower middle income ahead.
Lower middle income ranks 32nd and Panama ranks 31st of 45 groups.
Across the 6 decades both report, Lower middle income averaged higher in 1 and Panama in 5.
Head to head by decade
| Decade | Lower middle income | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.7% | 0.1% | 2.5% | Lower middle income |
| 1980s | 2.2% | 6.7% | 4.5% | Panama |
| 1990s | 1.6% | 5.5% | 3.9% | Panama |
| 2000s | 2.9% | 11.1% | 8.2% | Panama |
| 2010s | 4.5% | 11.4% | 6.9% | Panama |
| 2020s | 3.6% | 9.8% | 6.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Lower middle income or Panama?
- Panama, at 9.8% against 3.0% in Lower middle income as of 2025.
- What is the difference in insurance and financial services between Lower middle income and Panama?
- 6.8%, with Panama ahead.
- How many years of comparable data are there for Lower middle income and Panama?
- 49 years are reported by both, from 1977 to 2025.
- How do Lower middle income and Panama rank globally for insurance and financial services?
- Lower middle income ranks 32nd and Panama ranks 31st 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.