Aruba vs Barbados: Insurance and financial services

Aruba
6.2%
in 2023
Barbados
6.3%
in 2017
Aruba rank
98th
Barbados rank
96th

Insurance and financial services over time

  • Aruba
  • Barbados
0510152025196719952023

How they compare

Barbados currently reports 6.3% against 6.2% in Aruba, a difference of 0.1%.

The two have swapped places 2 times across 32 shared years of data; in 1986 it was Barbados ahead.

Aruba ranks 98th and Barbados ranks 96th of 197 countries.

Across the 4 decades both report, Aruba averaged higher in 1 and Barbados in 3.

Head to head by decade

Decade Aruba Barbados Difference Ahead
1980s 1.1% 4.8% 3.6% Barbados
1990s 10.0% 7.5% 2.5% Aruba
2000s 1.7% 6.1% 4.4% Barbados
2010s 2.8% 5.8% 3.1% Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Aruba or Barbados?
Barbados, at 6.3% against 6.2% in Aruba as of 2017.
What is the difference in insurance and financial services between Aruba and Barbados?
0.1%, with Barbados ahead.
How many years of comparable data are there for Aruba and Barbados?
32 years are reported by both, from 1986 to 2017.
How do Aruba and Barbados rank globally for insurance and financial services?
Aruba ranks 98th and Barbados ranks 96th of 197 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Aruba vs Barbados: 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-imports-bop/aruba/barbados/

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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.