Ghana vs Nicaragua: Insurance and financial services

Ghana
14.2%
in 2025
Nicaragua
15.9%
in 2024
Ghana rank
20th
Nicaragua rank
17th

Insurance and financial services over time

  • Ghana
  • Nicaragua
-30-20-1001020197520002025

How they compare

Nicaragua currently reports 15.9% against 14.2% in Ghana, a difference of 1.7%.

That makes Nicaragua's figure about 1.1 times Ghana's.

The two have swapped places 4 times across 48 shared years of data; in 1977 it was Nicaragua ahead.

Ghana ranks 20th and Nicaragua ranks 17th of 197 countries.

Across the 6 decades both report, Ghana averaged higher in 2 and Nicaragua in 4.

Head to head by decade

Decade Ghana Nicaragua Difference Ahead
1970s 2.9% -4.9% 7.8% Ghana
1980s 4.5% 4.9% 0.5% Nicaragua
1990s 5.9% 3.5% 2.4% Ghana
2000s 4.4% 8.5% 4.1% Nicaragua
2010s 2.3% 9.9% 7.6% Nicaragua
2020s 7.9% 16.1% 8.2% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Ghana or Nicaragua?
Nicaragua, at 15.9% against 14.2% in Ghana as of 2024.
What is the difference in insurance and financial services between Ghana and Nicaragua?
1.7%, with Nicaragua ahead.
How many years of comparable data are there for Ghana and Nicaragua?
48 years are reported by both, from 1977 to 2024.
How do Ghana and Nicaragua rank globally for insurance and financial services?
Ghana ranks 20th and Nicaragua ranks 17th 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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Ghana vs Nicaragua: 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/ghana/nicaragua/

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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.