Iceland vs Palau: Insurance and financial services

Iceland
6.2%
in 2025
Palau
6.1%
in 2023
Iceland rank
100th
Palau rank
102nd

Insurance and financial services over time

  • Iceland
  • Palau
246810197620002025

How they compare

Iceland currently reports 6.2% against 6.1% in Palau, a difference of 0.1%.

The two have swapped places 1 time across 15 shared years of data; in 2009 it was Iceland ahead.

Iceland ranks 100th and Palau ranks 102nd of 197 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Palau in 1.

Head to head by decade

Decade Iceland Palau Difference Ahead
2000s 5.7% 2.4% 3.3% Iceland
2010s 5.1% 3.9% 1.2% Iceland
2020s 4.2% 7.6% 3.4% Palau

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iceland or Palau?
Iceland, at 6.2% against 6.1% in Palau as of 2025.
What is the difference in insurance and financial services between Iceland and Palau?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Palau?
15 years are reported by both, from 2009 to 2023.
How do Iceland and Palau rank globally for insurance and financial services?
Iceland ranks 100th and Palau ranks 102nd 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.

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Iceland vs Palau: 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/iceland/palau/

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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.