Ghana vs Small states: Insurance and financial services

Ghana
14.2%
in 2025
Small states
8.6%
in 2024
Ghana rank
20th
Small states rank
18th

Insurance and financial services over time

  • Ghana
  • Small states
05101520197520002025

How they compare

Ghana currently reports 14.2% against 8.6% in Small states, a difference of 5.6%.

That makes Ghana's figure about 1.7 times Small states's.

The two have swapped places 1 time across 30 shared years of data; in 1992 it was Small states ahead.

Ghana ranks 20th and Small states ranks 18th of 197 countries.

Small states has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Ghana Small states Difference Ahead
1990s 5.7% 6.9% 1.3% Small states
2000s 4.5% 11.5% 6.9% Small states
2010s 2.3% 13.9% 11.6% Small states
2020s 7.9% 10.2% 2.3% Small states

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Ghana or Small states?
Ghana, at 14.2% against 8.6% in Small states as of 2025.
What is the difference in insurance and financial services between Ghana and Small states?
5.6%, with Ghana ahead.
How many years of comparable data are there for Ghana and Small states?
30 years are reported by both, from 1992 to 2024.
How do Ghana and Small states rank globally for insurance and financial services?
Ghana ranks 20th and Small states ranks 18th 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 Small states: 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/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.