Algeria vs Tonga: Insurance and financial services

Algeria
2.7%
in 2024
Tonga
2.7%
in 2024
Algeria rank
160th
Tonga rank
159th

Insurance and financial services over time

  • Algeria
  • Tonga
2468197119972024

How they compare

Tonga currently reports 2.7% against 2.7% in Algeria, a difference of 0.0%.

The two have swapped places 7 times across 35 shared years of data; in 1977 it was Algeria ahead.

Algeria ranks 160th and Tonga ranks 159th of 197 countries.

Across the 6 decades both report, Algeria averaged higher in 4 and Tonga in 2.

Head to head by decade

Decade Algeria Tonga Difference Ahead
1970s 6.5% 5.7% 0.8% Algeria
1980s 5.8% 4.5% 1.3% Algeria
1990s 8.4% 4.7% 3.8% Algeria
2000s 3.2% 7.1% 3.8% Tonga
2010s 2.3% 3.9% 1.6% Tonga
2020s 2.9% 1.8% 1.1% Algeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Algeria or Tonga?
Tonga, at 2.7% against 2.7% in Algeria as of 2024.
What is the difference in insurance and financial services between Algeria and Tonga?
0.0%, with Tonga ahead.
How many years of comparable data are there for Algeria and Tonga?
35 years are reported by both, from 1977 to 2024.
How do Algeria and Tonga rank globally for insurance and financial services?
Algeria ranks 160th and Tonga ranks 159th of 197 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Algeria vs Tonga: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/algeria/tonga/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.