European Union vs Iraq: Insurance and financial services
Insurance and financial services over time
- European Union
- Iraq
How they compare
Iraq currently reports 19.1% against 10.3% in European Union, a difference of 8.8%.
That makes Iraq's figure about 1.9 times European Union's.
Across all 20 years both countries report, Iraq has been ahead every year.
European Union ranks 9th and Iraq ranks 9th of 47 groups.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | European Union | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.5% | 22.7% | 14.3% | Iraq |
| 2010s | 8.9% | 20.5% | 11.6% | Iraq |
| 2020s | 9.4% | 18.0% | 8.5% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, European Union or Iraq?
- Iraq, at 19.1% against 10.3% in European Union as of 2024.
- What is the difference in insurance and financial services between European Union and Iraq?
- 8.8%, with Iraq ahead.
- How many years of comparable data are there for European Union and Iraq?
- 20 years are reported by both, from 2005 to 2024.
- How do European Union and Iraq rank globally for insurance and financial services?
- European Union ranks 9th and Iraq ranks 9th 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.