Bahamas vs Europe & Central Asia (excluding high income): Insurance and financial services

Bahamas
11.3%
in 2024
Europe & Central Asia (excluding high income)
5.9%
in 2024
Bahamas rank
37th
Europe & Central Asia (excluding high income) rank
34th

Insurance and financial services over time

  • Bahamas
  • Europe & Central Asia (excluding high income)
051015197620002024

How they compare

Bahamas currently reports 11.3% against 5.9% in Europe & Central Asia (excluding high income), a difference of 5.4%.

That makes Bahamas's figure about 1.9 times Europe & Central Asia (excluding high income)'s.

The two have swapped places 8 times across 31 shared years of data; in 1994 it was Bahamas ahead.

Bahamas ranks 37th and Europe & Central Asia (excluding high income) ranks 34th of 197 countries.

Across the 4 decades both report, Bahamas averaged higher in 3 and Europe & Central Asia (excluding high income) in 1.

Head to head by decade

Decade Bahamas Europe & Central Asia (excluding high income) Difference Ahead
1990s 8.9% 7.4% 1.5% Bahamas
2000s 7.8% 8.0% 0.2% Europe & Central Asia (excluding high income)
2010s 10.1% 6.6% 3.5% Bahamas
2020s 13.0% 6.0% 7.0% Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bahamas or Europe & Central Asia (excluding high income)?
Bahamas, at 11.3% against 5.9% in Europe & Central Asia (excluding high income) as of 2024.
What is the difference in insurance and financial services between Bahamas and Europe & Central Asia (excluding high income)?
5.4%, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Europe & Central Asia (excluding high income)?
31 years are reported by both, from 1994 to 2024.
How do Bahamas and Europe & Central Asia (excluding high income) rank globally for insurance and financial services?
Bahamas ranks 37th and Europe & Central Asia (excluding high income) ranks 34th 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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Bahamas vs Europe & Central Asia (excluding high income): Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/bahamas-the/europe-and-central-asia-excluding-high-income/

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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.