Armenia vs Guinea: Insurance and financial services
Insurance and financial services over time
- Armenia
- Guinea
How they compare
Guinea currently reports 13.9% against 11.7% in Armenia, a difference of 2.2%.
That makes Guinea's figure about 1.2 times Armenia's.
The two have swapped places 7 times across 29 shared years of data; in 1996 it was Armenia ahead.
Armenia ranks 23rd and Guinea ranks 20th of 190 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Guinea in 2.
Head to head by decade
| Decade | Armenia | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.6% | 1.0% | 2.6% | Armenia |
| 2000s | 2.6% | 2.2% | 0.4% | Armenia |
| 2010s | 1.9% | 14.3% | 12.4% | Guinea |
| 2020s | 6.7% | 8.9% | 2.1% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or Guinea?
- Guinea, at 13.9% against 11.7% in Armenia as of 2024.
- What is the difference in insurance and financial services between Armenia and Guinea?
- 2.2%, with Guinea ahead.
- How many years of comparable data are there for Armenia and Guinea?
- 29 years are reported by both, from 1996 to 2024.
- How do Armenia and Guinea rank globally for insurance and financial services?
- Armenia ranks 23rd and Guinea ranks 20th 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.
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 exports which are services provided by residents to non-residents.