Libya vs Luxembourg: Insurance and financial services

Libya
25.6%
in 2023
Luxembourg
49.2%
in 2025
Libya rank
4th
Luxembourg rank
1st

Insurance and financial services over time

  • Libya
  • Luxembourg
020406080197720012025

How they compare

Luxembourg currently reports 49.2% against 25.6% in Libya, a difference of 23.6%.

That makes Luxembourg's figure about 1.9 times Libya's.

Across all 24 years both countries report, Luxembourg has been ahead every year.

Libya ranks 4th and Luxembourg ranks 1st of 197 countries.

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

Head to head by decade

Decade Libya Luxembourg Difference Ahead
2000s 5.3% 64.8% 59.5% Luxembourg
2010s 21.7% 55.6% 33.9% Luxembourg
2020s 22.2% 45.8% 23.6% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Libya or Luxembourg?
Luxembourg, at 49.2% against 25.6% in Libya as of 2025.
What is the difference in insurance and financial services between Libya and Luxembourg?
23.6%, with Luxembourg ahead.
How many years of comparable data are there for Libya and Luxembourg?
24 years are reported by both, from 2000 to 2023.
How do Libya and Luxembourg rank globally for insurance and financial services?
Libya ranks 4th and Luxembourg ranks 1st 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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Libya vs Luxembourg: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/libya/luxembourg/

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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.