Guyana vs Panama: Insurance and financial services
Insurance and financial services over time
- Guyana
- Panama
How they compare
Guyana currently reports 10.4% against 9.8% in Panama, a difference of 0.6%.
That makes Guyana's figure about 1.1 times Panama's.
The two have swapped places 7 times across 37 shared years of data; in 1977 it was Guyana ahead.
Guyana ranks 28th and Panama ranks 31st of 190 countries.
Across the 6 decades both report, Guyana averaged higher in 3 and Panama in 3.
Head to head by decade
| Decade | Guyana | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.0% | 0.1% | 11.8% | Guyana |
| 1980s | 9.3% | 6.8% | 2.5% | Guyana |
| 1990s | 3.3% | 7.2% | 3.9% | Panama |
| 2000s | 7.5% | 11.1% | 3.6% | Panama |
| 2010s | 10.5% | 11.4% | 0.9% | Panama |
| 2020s | 26.2% | 9.6% | 16.6% | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guyana or Panama?
- Guyana, at 10.4% against 9.8% in Panama as of 2023.
- What is the difference in insurance and financial services between Guyana and Panama?
- 0.6%, with Guyana ahead.
- How many years of comparable data are there for Guyana and Panama?
- 37 years are reported by both, from 1977 to 2023.
- How do Guyana and Panama rank globally for insurance and financial services?
- Guyana ranks 28th and Panama ranks 31st 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.