Barbados vs Maldives: Insurance and financial services

Barbados
6.3%
in 2017
Maldives
6.4%
in 2024
Barbados rank
96th
Maldives rank
93rd

Insurance and financial services over time

  • Barbados
  • Maldives
02.557.510196719952024

How they compare

Maldives currently reports 6.4% against 6.3% in Barbados, a difference of 0.1%.

The two have swapped places 5 times across 41 shared years of data; in 1977 it was Maldives ahead.

Barbados ranks 96th and Maldives ranks 93rd of 197 countries.

Across the 5 decades both report, Barbados averaged higher in 4 and Maldives in 1.

Head to head by decade

Decade Barbados Maldives Difference Ahead
1970s 2.8% 6.7% 3.9% Maldives
1980s 3.6% 1.3% 2.2% Barbados
1990s 7.5% 3.3% 4.2% Barbados
2000s 6.1% 3.9% 2.2% Barbados
2010s 5.8% 4.7% 1.2% Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Barbados or Maldives?
Maldives, at 6.4% against 6.3% in Barbados as of 2024.
What is the difference in insurance and financial services between Barbados and Maldives?
0.1%, with Maldives ahead.
How many years of comparable data are there for Barbados and Maldives?
41 years are reported by both, from 1977 to 2017.
How do Barbados and Maldives rank globally for insurance and financial services?
Barbados ranks 96th and Maldives ranks 93rd 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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Barbados vs Maldives: 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/barbados/maldives/

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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.