Barbados vs Paraguay: Insurance and financial services

Barbados
6.3%
in 2017
Paraguay
6.2%
in 2025
Barbados rank
96th
Paraguay rank
97th

Insurance and financial services over time

  • Barbados
  • Paraguay
051015196719962025

How they compare

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

The two have swapped places 3 times across 43 shared years of data; in 1975 it was Paraguay ahead.

Barbados ranks 96th and Paraguay ranks 97th of 197 countries.

Paraguay has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Barbados Paraguay Difference Ahead
1970s 3.4% 7.1% 3.7% Paraguay
1980s 3.6% 7.8% 4.2% Paraguay
1990s 7.5% 10.6% 3.1% Paraguay
2000s 6.1% 12.7% 6.6% Paraguay
2010s 5.8% 7.7% 1.9% Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Barbados or Paraguay?
Barbados, at 6.3% against 6.2% in Paraguay as of 2017.
What is the difference in insurance and financial services between Barbados and Paraguay?
0.1%, with Barbados ahead.
How many years of comparable data are there for Barbados and Paraguay?
43 years are reported by both, from 1975 to 2017.
How do Barbados and Paraguay rank globally for insurance and financial services?
Barbados ranks 96th and Paraguay ranks 97th 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 Paraguay: 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/paraguay/

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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.