Italy vs Philippines: Insurance and financial services

Italy
10.6%
in 2025
Philippines
10.6%
in 2025
Italy rank
44th
Philippines rank
42nd

Insurance and financial services over time

  • Italy
  • Philippines
051015197019972025

How they compare

Philippines currently reports 10.6% against 10.6% in Italy, a difference of 0.0%.

The two have swapped places 3 times across 49 shared years of data; in 1977 it was Italy ahead.

Italy ranks 44th and Philippines ranks 42nd of 197 countries.

Italy has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Italy Philippines Difference Ahead
1970s 15.5% 1.1% 14.4% Italy
1980s 14.7% 1.5% 13.1% Italy
1990s 10.8% 2.1% 8.6% Italy
2000s 9.1% 5.8% 3.3% Italy
2010s 10.9% 7.7% 3.2% Italy
2020s 11.8% 11.3% 0.6% Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Italy or Philippines?
Philippines, at 10.6% against 10.6% in Italy as of 2025.
What is the difference in insurance and financial services between Italy and Philippines?
0.0%, with Philippines ahead.
How many years of comparable data are there for Italy and Philippines?
49 years are reported by both, from 1977 to 2025.
How do Italy and Philippines rank globally for insurance and financial services?
Italy ranks 44th and Philippines ranks 42nd 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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Italy vs Philippines: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/italy/philippines/

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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.