Belgium vs Canada: Insurance and financial services

Belgium
8.9%
in 2025
Canada
8.9%
in 2025
Belgium rank
63rd
Canada rank
62nd

Insurance and financial services over time

  • Belgium
  • Canada
468101214198120032025

How they compare

Canada currently reports 8.9% against 8.9% in Belgium, a difference of 0.0%.

Across all 24 years both countries report, Canada has been ahead every year.

Belgium ranks 63rd and Canada ranks 62nd of 197 countries.

Canada has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Belgium Canada Difference Ahead
2000s 7.3% 9.1% 1.8% Canada
2010s 7.6% 10.0% 2.4% Canada
2020s 8.2% 10.9% 2.7% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belgium or Canada?
Canada, at 8.9% against 8.9% in Belgium as of 2025.
What is the difference in insurance and financial services between Belgium and Canada?
0.0%, with Canada ahead.
How many years of comparable data are there for Belgium and Canada?
24 years are reported by both, from 2002 to 2025.
How do Belgium and Canada rank globally for insurance and financial services?
Belgium ranks 63rd and Canada ranks 62nd 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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Belgium vs Canada: 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/belgium/canada/

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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.