Libya vs North America: Insurance and financial services
Insurance and financial services over time
- Libya
- North America
How they compare
Libya currently reports 94.1% against 18.6% in North America, a difference of 75.5%.
That makes Libya's figure about 5.1 times North America's.
The two have swapped places 4 times across 22 shared years of data; in 2000 it was Libya ahead.
Libya ranks 1st and North America ranks 1st of 190 countries.
Across the 3 decades both report, Libya averaged higher in 2 and North America in 1.
Head to head by decade
| Decade | Libya | North America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.4% | 13.1% | 1.7% | North America |
| 2010s | 37.9% | 16.8% | 21.1% | Libya |
| 2020s | 64.5% | 20.1% | 44.4% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Libya or North America?
- Libya, at 94.1% against 18.6% in North America as of 2023.
- What is the difference in insurance and financial services between Libya and North America?
- 75.5%, with Libya ahead.
- How many years of comparable data are there for Libya and North America?
- 22 years are reported by both, from 2000 to 2023.
- How do Libya and North America rank globally for insurance and financial services?
- Libya ranks 1st and North America ranks 1st 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.