Europe & Central Asia (excluding high income) vs Hong Kong: Insurance and financial services
Insurance and financial services over time
- Europe & Central Asia (excluding high income)
- Hong Kong
How they compare
Hong Kong currently reports 11.9% against 5.9% in Europe & Central Asia (excluding high income), a difference of 6.0%.
That makes Hong Kong's figure about 2.0 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 34th and Hong Kong ranks 33rd of 47 groups.
Across the 4 decades both report, Europe & Central Asia (excluding high income) averaged higher in 2 and Hong Kong in 2.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Hong Kong | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.4% | 4.2% | 3.3% | Europe & Central Asia (excluding high income) |
| 2000s | 8.0% | 4.5% | 3.6% | Europe & Central Asia (excluding high income) |
| 2010s | 6.6% | 8.0% | 1.4% | Hong Kong |
| 2020s | 6.0% | 14.1% | 8.1% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Europe & Central Asia (excluding high income) or Hong Kong?
- Hong Kong, at 11.9% against 5.9% in Europe & Central Asia (excluding high income) as of 2024.
- What is the difference in insurance and financial services between Europe & Central Asia (excluding high income) and Hong Kong?
- 6.0%, with Hong Kong ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Hong Kong?
- 27 years are reported by both, from 1998 to 2024.
- How do Europe & Central Asia (excluding high income) and Hong Kong rank globally for insurance and financial services?
- Europe & Central Asia (excluding high income) ranks 34th and Hong Kong ranks 33rd 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.
Individual pages
About this data
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.