Iraq vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Insurance and financial services

Iraq
19.1%
in 2024
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
10.7%
in 2024
Iraq rank
9th
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank
6th

Insurance and financial services over time

  • Iraq
  • Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
0102030197720002024

How they compare

Iraq currently reports 19.1% against 10.7% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 8.4%.

That makes Iraq's figure about 1.8 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.

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

Iraq ranks 9th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 6th of 197 countries.

Iraq has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iraq Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) Difference Ahead
2000s 22.7% 7.2% 15.5% Iraq
2010s 20.5% 10.5% 9.9% Iraq
2020s 18.0% 11.1% 6.8% Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iraq or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
Iraq, at 19.1% against 10.7% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2024.
What is the difference in insurance and financial services between Iraq and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
8.4%, with Iraq ahead.
How many years of comparable data are there for Iraq and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
20 years are reported by both, from 2005 to 2024.
How do Iraq and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for insurance and financial services?
Iraq ranks 9th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 6th 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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Iraq vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/iraq/middle-east-north-africa-afghanistan-and-pakistan-ida-and-ibrd/

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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.