European Union vs Gambia: Insurance and financial services

European Union
10.3%
in 2025
Gambia
19.8%
in 2024
European Union rank
9th
Gambia rank
6th

Insurance and financial services over time

  • European Union
  • Gambia
5101520197620002025

How they compare

Gambia currently reports 19.8% against 10.3% in European Union, a difference of 9.5%.

That makes Gambia's figure about 1.9 times European Union's.

The two have swapped places 4 times across 35 shared years of data; in 1978 it was Gambia ahead.

European Union ranks 9th and Gambia ranks 6th of 47 groups.

Across the 6 decades both report, European Union averaged higher in 1 and Gambia in 5.

Head to head by decade

Decade European Union Gambia Difference Ahead
1970s 4.1% 6.3% 2.2% Gambia
1980s 4.9% 6.5% 1.6% Gambia
1990s 7.1% 6.1% 1.0% European Union
2000s 7.9% 8.5% 0.6% Gambia
2010s 8.9% 11.2% 2.3% Gambia
2020s 9.4% 14.7% 5.3% Gambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, European Union or Gambia?
Gambia, at 19.8% against 10.3% in European Union as of 2024.
What is the difference in insurance and financial services between European Union and Gambia?
9.5%, with Gambia ahead.
How many years of comparable data are there for European Union and Gambia?
35 years are reported by both, from 1978 to 2024.
How do European Union and Gambia rank globally for insurance and financial services?
European Union ranks 9th and Gambia ranks 6th of 47 groups.
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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European Union vs Gambia: 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/european-union/gambia-the/

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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.