Least developed countries vs Mexico: Insurance and financial services

Least developed countries
8.4%
in 2024
Mexico
15.6%
in 2025
Least developed countries rank
20th
Mexico rank
18th

Insurance and financial services over time

  • Least developed countries
  • Mexico
010203040197920022025

How they compare

Mexico currently reports 15.6% against 8.4% in Least developed countries, a difference of 7.2%.

That makes Mexico's figure about 1.9 times Least developed countries's.

Across all 38 years both countries report, Mexico has been ahead every year.

Least developed countries ranks 20th and Mexico ranks 18th of 47 groups.

Mexico has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Least developed countries Mexico Difference Ahead
1980s 4.6% 8.4% 3.8% Mexico
1990s 3.8% 12.2% 8.4% Mexico
2000s 5.5% 15.5% 10.0% Mexico
2010s 5.7% 16.9% 11.2% Mexico
2020s 7.1% 18.1% 10.9% Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Least developed countries or Mexico?
Mexico, at 15.6% against 8.4% in Least developed countries as of 2025.
What is the difference in insurance and financial services between Least developed countries and Mexico?
7.2%, with Mexico ahead.
How many years of comparable data are there for Least developed countries and Mexico?
38 years are reported by both, from 1983 to 2024.
How do Least developed countries and Mexico rank globally for insurance and financial services?
Least developed countries ranks 20th and Mexico ranks 18th 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.

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Least developed countries vs Mexico: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/least-developed-countries-un-classification/mexico/

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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.