Colombia vs East Asia & Pacific (IDA & IBRD countries): Insurance and financial services

Colombia
10.6%
in 2025
East Asia & Pacific (IDA & IBRD countries)
4.3%
in 2025
Colombia rank
43rd
East Asia & Pacific (IDA & IBRD countries) rank
43rd

Insurance and financial services over time

  • Colombia
  • East Asia & Pacific (IDA & IBRD countries)
510152025196819962025

How they compare

Colombia currently reports 10.6% against 4.3% in East Asia & Pacific (IDA & IBRD countries), a difference of 6.3%.

That makes Colombia's figure about 2.5 times East Asia & Pacific (IDA & IBRD countries)'s.

Across all 44 years both countries report, Colombia has been ahead every year.

Colombia ranks 43rd and East Asia & Pacific (IDA & IBRD countries) ranks 43rd of 197 countries.

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

Head to head by decade

Decade Colombia East Asia & Pacific (IDA & IBRD countries) Difference Ahead
1980s 12.8% 4.1% 8.7% Colombia
1990s 12.2% 4.7% 7.4% Colombia
2000s 12.8% 6.2% 6.5% Colombia
2010s 13.5% 5.5% 8.0% Colombia
2020s 14.2% 5.3% 8.9% Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Colombia or East Asia & Pacific (IDA & IBRD countries)?
Colombia, at 10.6% against 4.3% in East Asia & Pacific (IDA & IBRD countries) as of 2025.
What is the difference in insurance and financial services between Colombia and East Asia & Pacific (IDA & IBRD countries)?
6.3%, with Colombia ahead.
How many years of comparable data are there for Colombia and East Asia & Pacific (IDA & IBRD countries)?
44 years are reported by both, from 1982 to 2025.
How do Colombia and East Asia & Pacific (IDA & IBRD countries) rank globally for insurance and financial services?
Colombia ranks 43rd and East Asia & Pacific (IDA & IBRD countries) ranks 43rd 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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Colombia vs East Asia & Pacific (IDA & IBRD countries): Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/colombia/east-asia-and-pacific-ida-and-ibrd-countries/

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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.