Barbados vs Colombia: Insurance and financial services
Insurance and financial services over time
- Barbados
- Colombia
How they compare
Barbados currently reports 1.2% against 1.1% in Colombia, a difference of 0.1%.
That makes Barbados's figure about 1.1 times Colombia's.
The two have swapped places 7 times across 50 shared years of data; in 1968 it was Colombia ahead.
Barbados ranks 134th and Colombia ranks 137th of 190 countries.
Across the 6 decades both report, Barbados averaged higher in 2 and Colombia in 4.
Head to head by decade
| Decade | Barbados | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.2% | 9.7% | 9.5% | Colombia |
| 1970s | 0.5% | 7.8% | 7.3% | Colombia |
| 1980s | 3.8% | 11.1% | 7.4% | Colombia |
| 1990s | 3.7% | 8.2% | 4.5% | Colombia |
| 2000s | 2.2% | 2.0% | 0.2% | Barbados |
| 2010s | 1.4% | 1.0% | 0.3% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Colombia?
- Barbados, at 1.2% against 1.1% in Colombia as of 2017.
- What is the difference in insurance and financial services between Barbados and Colombia?
- 0.1%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Colombia?
- 50 years are reported by both, from 1968 to 2017.
- How do Barbados and Colombia rank globally for insurance and financial services?
- Barbados ranks 134th and Colombia ranks 137th 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.