Africa Eastern and Southern vs Nicaragua: Insurance and financial services

Africa Eastern and Southern
8.4%
in 2024
Nicaragua
15.9%
in 2024
Africa Eastern and Southern rank
19th
Nicaragua rank
17th

Insurance and financial services over time

  • Africa Eastern and Southern
  • Nicaragua
-30-20-1001020197720002024

How they compare

Nicaragua currently reports 15.9% against 8.4% in Africa Eastern and Southern, a difference of 7.5%.

That makes Nicaragua's figure about 1.9 times Africa Eastern and Southern's.

The two have swapped places 1 time across 48 shared years of data; in 1977 it was Africa Eastern and Southern ahead.

Africa Eastern and Southern ranks 19th and Nicaragua ranks 17th of 47 groups.

Across the 6 decades both report, Africa Eastern and Southern averaged higher in 3 and Nicaragua in 3.

Head to head by decade

Decade Africa Eastern and Southern Nicaragua Difference Ahead
1970s 9.2% -4.9% 14.1% Africa Eastern and Southern
1980s 8.0% 4.9% 3.1% Africa Eastern and Southern
1990s 6.1% 3.5% 2.6% Africa Eastern and Southern
2000s 5.1% 8.5% 3.4% Nicaragua
2010s 4.9% 9.9% 5.0% Nicaragua
2020s 7.1% 16.1% 9.0% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Africa Eastern and Southern or Nicaragua?
Nicaragua, at 15.9% against 8.4% in Africa Eastern and Southern as of 2024.
What is the difference in insurance and financial services between Africa Eastern and Southern and Nicaragua?
7.5%, with Nicaragua ahead.
How many years of comparable data are there for Africa Eastern and Southern and Nicaragua?
48 years are reported by both, from 1977 to 2024.
How do Africa Eastern and Southern and Nicaragua rank globally for insurance and financial services?
Africa Eastern and Southern ranks 19th and Nicaragua ranks 17th of 47 groups.
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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa Eastern and Southern vs Nicaragua: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/africa-eastern-and-southern/nicaragua/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.