China vs Latvia: Insurance and financial services
Insurance and financial services over time
- China
- Latvia
How they compare
China currently reports 3.0% against 3.0% in Latvia, a difference of 0.0%.
The two have swapped places 7 times across 26 shared years of data; in 1992 it was Latvia ahead.
China ranks 154th and Latvia ranks 155th of 197 countries.
Across the 4 decades both report, China averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | China | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.7% | 6.2% | 0.6% | China |
| 2000s | 7.9% | 8.1% | 0.2% | Latvia |
| 2010s | 5.3% | 7.7% | 2.3% | Latvia |
| 2020s | 4.3% | 3.5% | 0.8% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, China or Latvia?
- China, at 3.0% against 3.0% in Latvia as of 2025.
- What is the difference in insurance and financial services between China and Latvia?
- 0.0%, with China ahead.
- How many years of comparable data are there for China and Latvia?
- 26 years are reported by both, from 1992 to 2025.
- How do China and Latvia rank globally for insurance and financial services?
- China ranks 154th and Latvia ranks 155th 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.
Individual pages
About this data
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.