Hong Kong vs Nigeria: Insurance and financial services
Insurance and financial services over time
- Hong Kong
- Nigeria
How they compare
Hong Kong currently reports 26.9% against 22.8% in Nigeria, a difference of 4.1%.
That makes Hong Kong's figure about 1.2 times Nigeria's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Hong Kong ahead.
Hong Kong ranks 7th and Nigeria ranks 9th of 190 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.7% | 0.6% | 13.1% | Hong Kong |
| 2000s | 16.1% | 0.6% | 15.4% | Hong Kong |
| 2010s | 18.9% | 6.2% | 12.7% | Hong Kong |
| 2020s | 30.6% | 23.3% | 7.3% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Hong Kong or Nigeria?
- Hong Kong, at 26.9% against 22.8% in Nigeria as of 2024.
- What is the difference in insurance and financial services between Hong Kong and Nigeria?
- 4.1%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Nigeria?
- 27 years are reported by both, from 1998 to 2024.
- How do Hong Kong and Nigeria rank globally for insurance and financial services?
- Hong Kong ranks 7th and Nigeria ranks 9th 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.