Hong Kong vs Low income: Insurance and financial services
Insurance and financial services over time
- Hong Kong
- Low income
How they compare
Hong Kong currently reports 11.9% against 6.6% in Low income, a difference of 5.3%.
That makes Hong Kong's figure about 1.8 times Low income's.
The two have swapped places 1 time across 18 shared years of data; in 2005 it was Low income ahead.
Hong Kong ranks 33rd and Low income ranks 31st of 197 countries.
Across the 3 decades both report, Hong Kong averaged higher in 2 and Low income in 1.
Head to head by decade
| Decade | Hong Kong | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.1% | 6.6% | 1.5% | Low income |
| 2010s | 8.0% | 6.6% | 1.4% | Hong Kong |
| 2020s | 15.3% | 6.9% | 8.4% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Hong Kong or Low income?
- Hong Kong, at 11.9% against 6.6% in Low income as of 2024.
- What is the difference in insurance and financial services between Hong Kong and Low income?
- 5.3%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Low income?
- 18 years are reported by both, from 2005 to 2022.
- How do Hong Kong and Low income rank globally for insurance and financial services?
- Hong Kong ranks 33rd and Low income ranks 31st 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.
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.