Central Europe and the Baltics vs Philippines: Insurance and financial services

Central Europe and the Baltics
4.9%
in 2025
Philippines
10.6%
in 2025
Central Europe and the Baltics rank
41st
Philippines rank
42nd

Insurance and financial services over time

  • Central Europe and the Baltics
  • Philippines
02.557.51012.5197720012025

How they compare

Philippines currently reports 10.6% against 4.9% in Central Europe and the Baltics, a difference of 5.7%.

That makes Philippines's figure about 2.2 times Central Europe and the Baltics's.

The two have swapped places 3 times across 33 shared years of data; in 1993 it was Central Europe and the Baltics ahead.

Central Europe and the Baltics ranks 41st and Philippines ranks 42nd of 47 groups.

Across the 4 decades both report, Central Europe and the Baltics averaged higher in 2 and Philippines in 2.

Head to head by decade

Decade Central Europe and the Baltics Philippines Difference Ahead
1990s 6.8% 1.7% 5.1% Central Europe and the Baltics
2000s 6.4% 5.8% 0.6% Central Europe and the Baltics
2010s 5.6% 7.7% 2.0% Philippines
2020s 4.9% 11.3% 6.4% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Central Europe and the Baltics or Philippines?
Philippines, at 10.6% against 4.9% in Central Europe and the Baltics as of 2025.
What is the difference in insurance and financial services between Central Europe and the Baltics and Philippines?
5.7%, with Philippines ahead.
How many years of comparable data are there for Central Europe and the Baltics and Philippines?
33 years are reported by both, from 1993 to 2025.
How do Central Europe and the Baltics and Philippines rank globally for insurance and financial services?
Central Europe and the Baltics ranks 41st and Philippines ranks 42nd of 47 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Central Europe and the Baltics vs Philippines: 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/central-europe-and-the-baltics/philippines/

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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.