Libya vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Insurance and financial services
Insurance and financial services over time
- Libya
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
How they compare
Libya currently reports 25.6% against 10.6% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 15.0%.
That makes Libya's figure about 2.4 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.
The two have swapped places 8 times across 33 shared years of data; in 1977 it was Libya ahead.
Libya ranks 4th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 7th of 197 countries.
Across the 6 decades both report, Libya averaged higher in 4 and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) in 2.
Head to head by decade
| Decade | Libya | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.5% | 3.4% | 1.1% | Libya |
| 1980s | 4.2% | 5.3% | 1.1% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1990s | 2.7% | 5.4% | 2.7% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 2000s | 8.0% | 7.2% | 0.8% | Libya |
| 2010s | 21.7% | 10.4% | 11.3% | Libya |
| 2020s | 22.2% | 11.1% | 11.1% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Libya or Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Libya, at 25.6% against 10.6% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2023.
- What is the difference in insurance and financial services between Libya and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 15.0%, with Libya ahead.
- How many years of comparable data are there for Libya and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 33 years are reported by both, from 1977 to 2023.
- How do Libya and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank globally for insurance and financial services?
- Libya ranks 4th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 7th 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.