Bahrain vs Libya: Insurance and financial services

Bahrain
35.0%
in 2024
Libya
25.6%
in 2023
Bahrain rank
2nd
Libya rank
4th

Insurance and financial services over time

  • Bahrain
  • Libya
0204060197519992024

How they compare

Bahrain currently reports 35.0% against 25.6% in Libya, a difference of 9.4%.

That makes Bahrain's figure about 1.4 times Libya's.

The two have swapped places 6 times across 38 shared years of data; in 1977 it was Bahrain ahead.

Bahrain ranks 2nd and Libya ranks 4th of 197 countries.

Bahrain has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Bahrain Libya Difference Ahead
1970s 6.4% 4.5% 1.9% Bahrain
1980s 6.1% 4.2% 1.9% Bahrain
1990s 4.0% 2.7% 1.3% Bahrain
2000s 13.0% 5.3% 7.7% Bahrain
2010s 43.8% 21.7% 22.1% Bahrain
2020s 38.8% 22.2% 16.6% Bahrain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bahrain or Libya?
Bahrain, at 35.0% against 25.6% in Libya as of 2024.
What is the difference in insurance and financial services between Bahrain and Libya?
9.4%, with Bahrain ahead.
How many years of comparable data are there for Bahrain and Libya?
38 years are reported by both, from 1977 to 2023.
How do Bahrain and Libya rank globally for insurance and financial services?
Bahrain ranks 2nd and Libya ranks 4th 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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Bahrain vs Libya: 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-imports-bop/bahrain/libya/

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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.