Benin vs Caribbean Small States: Insurance and financial services
Insurance and financial services over time
- Benin
- Caribbean Small States
How they compare
Benin currently reports 11.2% against 4.6% in Caribbean Small States, a difference of 6.6%.
That makes Benin's figure about 2.4 times Caribbean Small States's.
The two have swapped places 8 times across 29 shared years of data; in 1995 it was Benin ahead.
Benin ranks 24th and Caribbean Small States ranks 24th of 190 countries.
Across the 4 decades both report, Benin averaged higher in 3 and Caribbean Small States in 1.
Head to head by decade
| Decade | Benin | Caribbean Small States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.0% | 3.1% | 0.9% | Benin |
| 2000s | 2.0% | 5.3% | 3.3% | Caribbean Small States |
| 2010s | 6.8% | 3.5% | 3.3% | Benin |
| 2020s | 7.7% | 6.9% | 0.8% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Benin or Caribbean Small States?
- Benin, at 11.2% against 4.6% in Caribbean Small States as of 2023.
- What is the difference in insurance and financial services between Benin and Caribbean Small States?
- 6.6%, with Benin ahead.
- How many years of comparable data are there for Benin and Caribbean Small States?
- 29 years are reported by both, from 1995 to 2023.
- How do Benin and Caribbean Small States rank globally for insurance and financial services?
- Benin ranks 24th 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.
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.