Armenia vs Caribbean Small States: Insurance and financial services
Insurance and financial services over time
- Armenia
- Caribbean Small States
How they compare
Armenia currently reports 11.7% against 4.6% in Caribbean Small States, a difference of 7.1%.
That makes Armenia's figure about 2.6 times Caribbean Small States's.
The two have swapped places 2 times across 30 shared years of data; in 1996 it was Armenia ahead.
Armenia ranks 23rd and Caribbean Small States ranks 24th of 190 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Caribbean Small States in 2.
Head to head by decade
| Decade | Armenia | Caribbean Small States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.6% | 3.1% | 0.5% | Armenia |
| 2000s | 2.6% | 5.3% | 2.7% | Caribbean Small States |
| 2010s | 1.9% | 3.5% | 1.6% | Caribbean Small States |
| 2020s | 7.6% | 6.2% | 1.4% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or Caribbean Small States?
- Armenia, at 11.7% against 4.6% in Caribbean Small States as of 2025.
- What is the difference in insurance and financial services between Armenia and Caribbean Small States?
- 7.1%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Caribbean Small States?
- 30 years are reported by both, from 1996 to 2025.
- How do Armenia and Caribbean Small States rank globally for insurance and financial services?
- Armenia ranks 23rd and Caribbean Small States ranks 24th of 190 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 exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 exports which are services provided by residents to non-residents.