Korea vs Norway: Insurance and financial services
Insurance and financial services over time
- Korea
- Norway
How they compare
Norway currently reports 3.7% against 3.6% in Korea, a difference of 0.1%.
The two have swapped places 7 times across 45 shared years of data; in 1976 it was Korea ahead.
Korea ranks 142nd and Norway ranks 139th of 197 countries.
Across the 6 decades both report, Korea averaged higher in 1 and Norway in 5.
Head to head by decade
| Decade | Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.3% | 2.3% | 4.0% | Korea |
| 1980s | 1.4% | 2.1% | 0.7% | Norway |
| 1990s | 0.9% | 4.6% | 3.7% | Norway |
| 2000s | 2.0% | 5.4% | 3.4% | Norway |
| 2010s | 2.5% | 4.2% | 1.7% | Norway |
| 2020s | 3.3% | 4.4% | 1.0% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Korea or Norway?
- Norway, at 3.7% against 3.6% in Korea as of 2025.
- What is the difference in insurance and financial services between Korea and Norway?
- 0.1%, with Norway ahead.
- How many years of comparable data are there for Korea and Norway?
- 45 years are reported by both, from 1976 to 2025.
- How do Korea and Norway rank globally for insurance and financial services?
- Korea ranks 142nd and Norway ranks 139th 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.