Guinea-Bissau vs Other small states: Insurance and financial services
Insurance and financial services over time
- Guinea-Bissau
- Other small states
How they compare
Guinea-Bissau currently reports 20.7% against 12.0% in Other small states, a difference of 8.7%.
That makes Guinea-Bissau's figure about 1.7 times Other small states's.
The two have swapped places 3 times across 19 shared years of data; in 2001 it was Other small states ahead.
Guinea-Bissau ranks 11th and Other small states ranks 10th of 190 countries.
Across the 3 decades both report, Guinea-Bissau averaged higher in 1 and Other small states in 2.
Head to head by decade
| Decade | Guinea-Bissau | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.3% | 11.7% | 6.5% | Other small states |
| 2010s | 5.4% | 16.8% | 11.4% | Other small states |
| 2020s | 16.7% | 11.8% | 4.8% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guinea-Bissau or Other small states?
- Guinea-Bissau, at 20.7% against 12.0% in Other small states as of 2024.
- What is the difference in insurance and financial services between Guinea-Bissau and Other small states?
- 8.7%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Other small states?
- 19 years are reported by both, from 2001 to 2024.
- How do Guinea-Bissau and Other small states rank globally for insurance and financial services?
- Guinea-Bissau ranks 11th and Other small states ranks 10th 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.