Belgium vs Turkey: Insurance and financial services

Belgium
8.9%
in 2025
Turkey
8.7%
in 2024
Belgium rank
63rd
Turkey rank
66th

Insurance and financial services over time

  • Belgium
  • Turkey
051015197419992025

How they compare

Belgium currently reports 8.9% against 8.7% in Turkey, a difference of 0.2%.

The two have swapped places 1 time across 23 shared years of data; in 2002 it was Turkey ahead.

Belgium ranks 63rd and Turkey ranks 66th of 197 countries.

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

Head to head by decade

Decade Belgium Turkey Difference Ahead
2000s 7.3% 13.0% 5.7% Turkey
2010s 7.6% 11.7% 4.2% Turkey
2020s 8.1% 9.2% 1.1% Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belgium or Turkey?
Belgium, at 8.9% against 8.7% in Turkey as of 2025.
What is the difference in insurance and financial services between Belgium and Turkey?
0.2%, with Belgium ahead.
How many years of comparable data are there for Belgium and Turkey?
23 years are reported by both, from 2002 to 2024.
How do Belgium and Turkey rank globally for insurance and financial services?
Belgium ranks 63rd and Turkey ranks 66th 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 Turkey: 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/turkiye/

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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.