Guinea vs Heavily indebted poor countries (HIPC): Insurance and financial services

Guinea
13.9%
in 2024
Heavily indebted poor countries (HIPC)
6.1%
in 2024
Guinea rank
20th
Heavily indebted poor countries (HIPC) rank
19th

Insurance and financial services over time

  • Guinea
  • Heavily indebted poor countries (HIPC)
0102030197820012024

How they compare

Guinea currently reports 13.9% against 6.1% in Heavily indebted poor countries (HIPC), a difference of 7.8%.

That makes Guinea's figure about 2.3 times Heavily indebted poor countries (HIPC)'s.

The two have swapped places 7 times across 27 shared years of data; in 1989 it was Heavily indebted poor countries (HIPC) ahead.

Guinea ranks 20th and Heavily indebted poor countries (HIPC) ranks 19th of 190 countries.

Across the 5 decades both report, Guinea averaged higher in 2 and Heavily indebted poor countries (HIPC) in 3.

Head to head by decade

Decade Guinea Heavily indebted poor countries (HIPC) Difference Ahead
1980s 0.0% 3.5% 3.4% Heavily indebted poor countries (HIPC)
1990s 0.3% 3.9% 3.6% Heavily indebted poor countries (HIPC)
2000s 2.2% 3.0% 0.8% Heavily indebted poor countries (HIPC)
2010s 14.3% 2.6% 11.7% Guinea
2020s 8.9% 5.5% 3.4% Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Guinea or Heavily indebted poor countries (HIPC)?
Guinea, at 13.9% against 6.1% in Heavily indebted poor countries (HIPC) as of 2024.
What is the difference in insurance and financial services between Guinea and Heavily indebted poor countries (HIPC)?
7.8%, with Guinea ahead.
How many years of comparable data are there for Guinea and Heavily indebted poor countries (HIPC)?
27 years are reported by both, from 1989 to 2024.
How do Guinea and Heavily indebted poor countries (HIPC) rank globally for insurance and financial services?
Guinea ranks 20th and Heavily indebted poor countries (HIPC) ranks 19th 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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Guinea vs Heavily indebted poor countries (HIPC): 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/guinea/heavily-indebted-poor-countries-hipc/

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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.