Gambia vs Libya: Insurance and financial services
Insurance and financial services over time
- Gambia
- Libya
How they compare
Libya currently reports 25.6% against 19.8% in Gambia, a difference of 5.8%.
That makes Libya's figure about 1.3 times Gambia's.
The two have swapped places 7 times across 34 shared years of data; in 1978 it was Gambia ahead.
Gambia ranks 6th and Libya ranks 4th of 197 countries.
Across the 6 decades both report, Gambia averaged higher in 4 and Libya in 2.
Head to head by decade
| Decade | Gambia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.3% | 4.7% | 1.6% | Gambia |
| 1980s | 6.5% | 4.2% | 2.3% | Gambia |
| 1990s | 6.1% | 2.7% | 3.3% | Gambia |
| 2000s | 8.5% | 7.2% | 1.3% | Gambia |
| 2010s | 11.2% | 21.7% | 10.5% | Libya |
| 2020s | 13.5% | 22.2% | 8.7% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Gambia or Libya?
- Libya, at 25.6% against 19.8% in Gambia as of 2023.
- What is the difference in insurance and financial services between Gambia and Libya?
- 5.8%, with Libya ahead.
- How many years of comparable data are there for Gambia and Libya?
- 34 years are reported by both, from 1978 to 2023.
- How do Gambia and Libya rank globally for insurance and financial services?
- Gambia ranks 6th and Libya ranks 4th 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.