Ecuador vs Other small states: Insurance and financial services

Ecuador
14.0%
in 2025
Other small states
8.2%
in 2024
Ecuador rank
22nd
Other small states rank
22nd

Insurance and financial services over time

  • Ecuador
  • Other small states
05101520197620002025

How they compare

Ecuador currently reports 14.0% against 8.2% in Other small states, a difference of 5.8%.

That makes Ecuador's figure about 1.7 times Other small states's.

The two have swapped places 5 times across 28 shared years of data; in 1992 it was Other small states ahead.

Ecuador ranks 22nd and Other small states ranks 22nd of 197 countries.

Across the 4 decades both report, Ecuador averaged higher in 1 and Other small states in 3.

Head to head by decade

Decade Ecuador Other small states Difference Ahead
1990s 4.4% 6.3% 1.9% Other small states
2000s 5.5% 10.0% 4.5% Other small states
2010s 11.8% 15.2% 3.5% Other small states
2020s 12.4% 10.1% 2.4% Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Ecuador or Other small states?
Ecuador, at 14.0% against 8.2% in Other small states as of 2025.
What is the difference in insurance and financial services between Ecuador and Other small states?
5.8%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Other small states?
28 years are reported by both, from 1992 to 2024.
How do Ecuador and Other small states rank globally for insurance and financial services?
Ecuador ranks 22nd and Other small states ranks 22nd 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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Ecuador vs Other small states: 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/ecuador/other-small-states/

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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.