IDA only vs Panama: Insurance and financial services
Insurance and financial services over time
- IDA only
- Panama
How they compare
Panama currently reports 17.5% against 8.7% in IDA only, a difference of 8.8%.
That makes Panama's figure about 2.0 times IDA only's.
The two have swapped places 3 times across 46 shared years of data; in 1977 it was IDA only ahead.
IDA only ranks 17th and Panama ranks 14th of 47 groups.
Panama has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IDA only | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.4% | 6.8% | 1.4% | Panama |
| 1980s | 5.2% | 10.0% | 4.8% | Panama |
| 1990s | 4.5% | 9.8% | 5.3% | Panama |
| 2000s | 5.6% | 15.6% | 10.0% | Panama |
| 2010s | 6.2% | 14.8% | 8.7% | Panama |
| 2020s | 7.1% | 13.8% | 6.6% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA only or Panama?
- Panama, at 17.5% against 8.7% in IDA only as of 2025.
- What is the difference in insurance and financial services between IDA only and Panama?
- 8.8%, with Panama ahead.
- How many years of comparable data are there for IDA only and Panama?
- 46 years are reported by both, from 1977 to 2024.
- How do IDA only and Panama rank globally for insurance and financial services?
- IDA only ranks 17th and Panama ranks 14th 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.