Faroe Islands vs Nepal: Insurance and financial services

Faroe Islands
0.8%
in 2011
Nepal
0.8%
in 2024
Faroe Islands rank
147th
Nepal rank
148th

Insurance and financial services over time

  • Faroe Islands
  • Nepal
051015199820112024

How they compare

Faroe Islands currently reports 0.8% against 0.8% in Nepal, a difference of 0.0%.

The two have swapped places 4 times across 10 shared years of data; in 2002 it was Faroe Islands ahead.

Faroe Islands ranks 147th and Nepal ranks 148th of 190 countries.

Faroe Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Faroe Islands Nepal Difference Ahead
2000s 2.8% 0.3% 2.5% Faroe Islands
2010s 0.8% 0.1% 0.6% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Faroe Islands or Nepal?
Faroe Islands, at 0.8% against 0.8% in Nepal as of 2011.
What is the difference in insurance and financial services between Faroe Islands and Nepal?
0.0%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Nepal?
10 years are reported by both, from 2002 to 2011.
How do Faroe Islands and Nepal rank globally for insurance and financial services?
Faroe Islands ranks 147th and Nepal ranks 148th 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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Faroe Islands vs Nepal: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/faroe-islands/nepal/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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.