Panama vs World: Insurance and financial services

Panama
17.5%
in 2025
World
9.4%
in 2025
Panama rank
14th
World rank
11th

Insurance and financial services over time

  • Panama
  • World
5101520197720012025

How they compare

Panama currently reports 17.5% against 9.4% in World, a difference of 8.1%.

That makes Panama's figure about 1.9 times World's.

The two have swapped places 4 times across 44 shared years of data; in 1982 it was Panama ahead.

Panama ranks 14th and World ranks 11th of 197 countries.

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

Head to head by decade

Decade Panama World Difference Ahead
1980s 10.1% 4.5% 5.6% Panama
1990s 9.7% 5.9% 3.8% Panama
2000s 15.0% 8.2% 6.9% Panama
2010s 14.8% 8.6% 6.3% Panama
2020s 14.4% 9.5% 4.9% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Panama or World?
Panama, at 17.5% against 9.4% in World as of 2025.
What is the difference in insurance and financial services between Panama and World?
8.1%, with Panama ahead.
How many years of comparable data are there for Panama and World?
44 years are reported by both, from 1982 to 2025.
How do Panama and World rank globally for insurance and financial services?
Panama ranks 14th and World ranks 11th 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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Panama vs World: 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/panama/world/

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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.