Senegal vs Spain: Insurance and financial services

Senegal
4.4%
in 2023
Spain
4.0%
in 2025
Senegal rank
72nd
Spain rank
75th

Insurance and financial services over time

  • Senegal
  • Spain
0246197419992025

How they compare

Senegal currently reports 4.4% against 4.0% in Spain, a difference of 0.4%.

That makes Senegal's figure about 1.1 times Spain's.

The two have swapped places 3 times across 35 shared years of data; in 1975 it was Spain ahead.

Senegal ranks 72nd and Spain ranks 75th of 190 countries.

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

Head to head by decade

Decade Senegal Spain Difference Ahead
1970s 1.8% 1.9% 0.1% Spain
1980s 0.4% 1.8% 1.4% Spain
1990s 0.7% 4.2% 3.5% Spain
2010s 2.1% 3.6% 1.5% Spain
2020s 3.6% 4.6% 1.0% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Senegal or Spain?
Senegal, at 4.4% against 4.0% in Spain as of 2023.
What is the difference in insurance and financial services between Senegal and Spain?
0.4%, with Senegal ahead.
How many years of comparable data are there for Senegal and Spain?
35 years are reported by both, from 1975 to 2023.
How do Senegal and Spain rank globally for insurance and financial services?
Senegal ranks 72nd and Spain ranks 75th 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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Senegal vs Spain: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/senegal/spain/

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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.