Oman vs Small states: Insurance and financial services

Oman
14.4%
in 2024
Small states
8.6%
in 2024
Oman rank
19th
Small states rank
18th

Insurance and financial services over time

  • Oman
  • Small states
5101520197419992024

How they compare

Oman currently reports 14.4% against 8.6% in Small states, a difference of 5.8%.

That makes Oman's figure about 1.7 times Small states's.

The two have swapped places 7 times across 30 shared years of data; in 1992 it was Small states ahead.

Oman ranks 19th and Small states ranks 18th of 197 countries.

Across the 4 decades both report, Oman averaged higher in 1 and Small states in 3.

Head to head by decade

Decade Oman Small states Difference Ahead
1990s 4.7% 6.9% 2.2% Small states
2000s 10.0% 11.5% 1.4% Small states
2010s 12.1% 13.9% 1.8% Small states
2020s 15.2% 10.2% 5.1% Oman

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Oman or Small states?
Oman, at 14.4% against 8.6% in Small states as of 2024.
What is the difference in insurance and financial services between Oman and Small states?
5.8%, with Oman ahead.
How many years of comparable data are there for Oman and Small states?
30 years are reported by both, from 1992 to 2024.
How do Oman and Small states rank globally for insurance and financial services?
Oman ranks 19th and Small states ranks 18th 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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Oman vs Small states: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/oman/small-states/

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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.