Liberia vs Nigeria: Insurance and financial services
Insurance and financial services over time
- Liberia
- Nigeria
How they compare
Liberia currently reports 30.3% against 22.8% in Nigeria, a difference of 7.5%.
That makes Liberia's figure about 1.3 times Nigeria's.
The two have swapped places 4 times across 15 shared years of data; in 2010 it was Liberia ahead.
Liberia ranks 6th and Nigeria ranks 9th of 190 countries.
Across the 2 decades both report, Liberia averaged higher in 1 and Nigeria in 1.
Head to head by decade
| Decade | Liberia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.1% | 6.2% | 18.0% | Liberia |
| 2020s | 15.2% | 23.3% | 8.0% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Liberia or Nigeria?
- Liberia, at 30.3% against 22.8% in Nigeria as of 2024.
- What is the difference in insurance and financial services between Liberia and Nigeria?
- 7.5%, with Liberia ahead.
- How many years of comparable data are there for Liberia and Nigeria?
- 15 years are reported by both, from 2010 to 2024.
- How do Liberia and Nigeria rank globally for insurance and financial services?
- Liberia ranks 6th 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.