Least developed countries vs Oman: Insurance and financial services
Insurance and financial services over time
- Least developed countries
- Oman
How they compare
Oman currently reports 14.4% against 8.4% in Least developed countries, a difference of 6.0%.
That makes Oman's figure about 1.7 times Least developed countries's.
The two have swapped places 5 times across 38 shared years of data; in 1983 it was Least developed countries ahead.
Least developed countries ranks 20th and Oman ranks 19th of 47 groups.
Across the 5 decades both report, Least developed countries averaged higher in 1 and Oman in 4.
Head to head by decade
| Decade | Least developed countries | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.6% | 4.2% | 0.4% | Least developed countries |
| 1990s | 3.8% | 4.4% | 0.6% | Oman |
| 2000s | 5.5% | 10.5% | 5.0% | Oman |
| 2010s | 5.7% | 12.1% | 6.3% | Oman |
| 2020s | 7.1% | 15.2% | 8.1% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Least developed countries or Oman?
- Oman, at 14.4% against 8.4% in Least developed countries as of 2024.
- What is the difference in insurance and financial services between Least developed countries and Oman?
- 6.0%, with Oman ahead.
- How many years of comparable data are there for Least developed countries and Oman?
- 38 years are reported by both, from 1983 to 2024.
- How do Least developed countries and Oman rank globally for insurance and financial services?
- Least developed countries ranks 20th and Oman ranks 19th 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.