Bermuda vs Guinea-Bissau: Insurance and financial services
Insurance and financial services over time
- Bermuda
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 20.7% against 19.3% in Bermuda, a difference of 1.4%.
That makes Guinea-Bissau's figure about 1.1 times Bermuda's.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 14th and Guinea-Bissau ranks 11th of 190 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.5% | 4.5% | 13.0% | Bermuda |
| 2010s | 18.7% | 5.4% | 13.3% | Bermuda |
| 2020s | 23.6% | 15.7% | 7.9% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bermuda or Guinea-Bissau?
- Guinea-Bissau, at 20.7% against 19.3% in Bermuda as of 2024.
- What is the difference in insurance and financial services between Bermuda and Guinea-Bissau?
- 1.4%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Bermuda and Guinea-Bissau?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Guinea-Bissau rank globally for insurance and financial services?
- Bermuda ranks 14th and Guinea-Bissau ranks 11th 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.