Mongolia vs Nicaragua: Insurance and financial services

Mongolia
0.8%
in 2024
Nicaragua
0.8%
in 2024
Mongolia rank
149th
Nicaragua rank
146th

Insurance and financial services over time

  • Mongolia
  • Nicaragua
02468197720002024

How they compare

Nicaragua currently reports 0.8% against 0.8% in Mongolia, a difference of 0.0%.

That makes Nicaragua's figure about 1.1 times Mongolia's.

The two have swapped places 11 times across 28 shared years of data; in 1986 it was Mongolia ahead.

Mongolia ranks 149th and Nicaragua ranks 146th of 190 countries.

Mongolia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Mongolia Nicaragua Difference Ahead
1980s 2.7% 0.7% 2.0% Mongolia
1990s 3.2% 1.3% 1.8% Mongolia
2000s 1.2% 0.6% 0.6% Mongolia
2010s 1.4% 0.5% 1.0% Mongolia
2020s 1.1% 0.7% 0.4% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Mongolia or Nicaragua?
Nicaragua, at 0.8% against 0.8% in Mongolia as of 2024.
What is the difference in insurance and financial services between Mongolia and Nicaragua?
0.0%, with Nicaragua ahead.
How many years of comparable data are there for Mongolia and Nicaragua?
28 years are reported by both, from 1986 to 2024.
How do Mongolia and Nicaragua rank globally for insurance and financial services?
Mongolia ranks 149th and Nicaragua ranks 146th 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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Mongolia vs Nicaragua: 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/mongolia/nicaragua/

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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.