Heavily indebted poor countries (HIPC) vs Iraq: Insurance and financial services

Heavily indebted poor countries (HIPC)
9.3%
in 2024
Iraq
19.1%
in 2024
Heavily indebted poor countries (HIPC) rank
12th
Iraq rank
9th

Insurance and financial services over time

  • Heavily indebted poor countries (HIPC)
  • Iraq
0102030197820012024

How they compare

Iraq currently reports 19.1% against 9.3% in Heavily indebted poor countries (HIPC), a difference of 9.8%.

That makes Iraq's figure about 2.1 times Heavily indebted poor countries (HIPC)'s.

Across all 20 years both countries report, Iraq has been ahead every year.

Heavily indebted poor countries (HIPC) ranks 12th 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 Heavily indebted poor countries (HIPC) Iraq Difference Ahead
2000s 6.4% 22.7% 16.3% Iraq
2010s 5.7% 20.5% 14.8% Iraq
2020s 7.2% 18.0% 10.8% Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Heavily indebted poor countries (HIPC) or Iraq?
Iraq, at 19.1% against 9.3% in Heavily indebted poor countries (HIPC) as of 2024.
What is the difference in insurance and financial services between Heavily indebted poor countries (HIPC) and Iraq?
9.8%, with Iraq ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Iraq?
20 years are reported by both, from 2005 to 2024.
How do Heavily indebted poor countries (HIPC) and Iraq rank globally for insurance and financial services?
Heavily indebted poor countries (HIPC) ranks 12th 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.

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Heavily indebted poor countries (HIPC) vs Iraq: 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/heavily-indebted-poor-countries-hipc/iraq/

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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.