Guyana vs IDA only: Insurance and financial services
Insurance and financial services over time
- Guyana
- IDA only
How they compare
Guyana currently reports 10.4% against 4.5% in IDA only, a difference of 5.9%.
That makes Guyana's figure about 2.3 times IDA only's.
Across all 25 years both countries report, Guyana has been ahead every year.
Guyana ranks 28th and IDA only ranks 25th of 190 countries.
Guyana has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guyana | IDA only | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.7% | 2.0% | 7.7% | Guyana |
| 2000s | 7.3% | 2.6% | 4.7% | Guyana |
| 2010s | 10.5% | 2.4% | 8.1% | Guyana |
| 2020s | 26.2% | 4.6% | 21.6% | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guyana or IDA only?
- Guyana, at 10.4% against 4.5% in IDA only as of 2023.
- What is the difference in insurance and financial services between Guyana and IDA only?
- 5.9%, with Guyana ahead.
- How many years of comparable data are there for Guyana and IDA only?
- 25 years are reported by both, from 1983 to 2023.
- How do Guyana and IDA only rank globally for insurance and financial services?
- Guyana ranks 28th and IDA only ranks 25th 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.