Iceland vs Senegal: Insurance and financial services

Iceland
4.4%
in 2025
Senegal
4.4%
in 2023
Iceland rank
70th
Senegal rank
72nd

Insurance and financial services over time

  • Iceland
  • Senegal
0246810197419992025

How they compare

Iceland currently reports 4.4% against 4.4% in Senegal, a difference of 0.0%.

The two have swapped places 2 times across 34 shared years of data; in 1976 it was Senegal ahead.

Iceland ranks 70th and Senegal ranks 72nd of 190 countries.

Across the 6 decades both report, Iceland averaged higher in 5 and Senegal in 1.

Head to head by decade

Decade Iceland Senegal Difference Ahead
1970s 0.6% 2.2% 1.5% Senegal
1980s 0.6% 0.4% 0.3% Iceland
1990s 1.5% 0.4% 1.0% Iceland
2000s 7.9% 1.7% 6.2% Iceland
2010s 5.3% 2.0% 3.3% Iceland
2020s 4.5% 3.6% 0.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Iceland or Senegal?
Iceland, at 4.4% against 4.4% in Senegal as of 2025.
What is the difference in insurance and financial services between Iceland and Senegal?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and Senegal?
34 years are reported by both, from 1976 to 2023.
How do Iceland and Senegal rank globally for insurance and financial services?
Iceland ranks 70th and Senegal ranks 72nd 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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Iceland vs Senegal: 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/iceland/senegal/

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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.