Ghana vs Guinea: Insurance and financial services
Insurance and financial services over time
- Ghana
- Guinea
How they compare
Ghana currently reports 14.1% against 13.9% in Guinea, a difference of 0.2%.
The two have swapped places 6 times across 35 shared years of data; in 1988 it was Ghana ahead.
Ghana ranks 18th and Guinea ranks 20th of 190 countries.
Across the 5 decades both report, Ghana averaged higher in 3 and Guinea in 2.
Head to head by decade
| Decade | Ghana | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.3% | 0.0% | 2.3% | Ghana |
| 1990s | 2.2% | 0.6% | 1.6% | Ghana |
| 2000s | 0.9% | 2.2% | 1.3% | Guinea |
| 2010s | 1.0% | 14.3% | 13.3% | Guinea |
| 2020s | 17.1% | 8.9% | 8.3% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Ghana or Guinea?
- Ghana, at 14.1% against 13.9% in Guinea as of 2025.
- What is the difference in insurance and financial services between Ghana and Guinea?
- 0.2%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Guinea?
- 35 years are reported by both, from 1988 to 2024.
- How do Ghana and Guinea rank globally for insurance and financial services?
- Ghana ranks 18th 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.