Latvia vs Ukraine: Insurance and financial services

Latvia
2.1%
in 2025
Ukraine
2.1%
in 2024
Latvia rank
105th
Ukraine rank
106th

Insurance and financial services over time

  • Latvia
  • Ukraine
051015199220082025

How they compare

Latvia currently reports 2.1% against 2.1% in Ukraine, a difference of 0.0%.

The two have swapped places 1 time across 23 shared years of data; in 1994 it was Ukraine ahead.

Latvia ranks 105th and Ukraine ranks 106th of 190 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Ukraine Difference Ahead
1990s 2.8% 1.9% 0.9% Latvia
2000s 15.9% 2.8% 13.1% Latvia
2010s 9.0% 1.5% 7.5% Latvia
2020s 2.8% 1.4% 1.5% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Latvia or Ukraine?
Latvia, at 2.1% against 2.1% in Ukraine as of 2025.
What is the difference in insurance and financial services between Latvia and Ukraine?
0.0%, with Latvia ahead.
How many years of comparable data are there for Latvia and Ukraine?
23 years are reported by both, from 1994 to 2024.
How do Latvia and Ukraine rank globally for insurance and financial services?
Latvia ranks 105th and Ukraine ranks 106th 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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Latvia vs Ukraine: 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/latvia/ukraine/

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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.