Armenia vs Indonesia: Insurance and financial services

Armenia
9.6%
in 2025
Indonesia
9.5%
in 2025
Armenia rank
53rd
Indonesia rank
54th

Insurance and financial services over time

  • Armenia
  • Indonesia
24681012198120032025

How they compare

Armenia currently reports 9.6% against 9.5% in Indonesia, a difference of 0.1%.

The two have swapped places 6 times across 33 shared years of data; in 1993 it was Armenia ahead.

Armenia ranks 53rd and Indonesia ranks 54th of 197 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Indonesia in 2.

Head to head by decade

Decade Armenia Indonesia Difference Ahead
1990s 7.0% 3.0% 4.0% Armenia
2000s 4.7% 3.5% 1.3% Armenia
2010s 4.2% 5.4% 1.2% Indonesia
2020s 9.0% 9.6% 0.6% Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Armenia or Indonesia?
Armenia, at 9.6% against 9.5% in Indonesia as of 2025.
What is the difference in insurance and financial services between Armenia and Indonesia?
0.1%, with Armenia ahead.
How many years of comparable data are there for Armenia and Indonesia?
33 years are reported by both, from 1993 to 2025.
How do Armenia and Indonesia rank globally for insurance and financial services?
Armenia ranks 53rd and Indonesia ranks 54th 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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Armenia vs Indonesia: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/armenia/indonesia/

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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.