Guatemala vs Philippines: Insurance and financial services
Insurance and financial services over time
- Guatemala
- Philippines
How they compare
Guatemala currently reports 10.7% against 10.6% in Philippines, a difference of 0.1%.
The two have swapped places 5 times across 48 shared years of data; in 1977 it was Guatemala ahead.
Guatemala ranks 41st and Philippines ranks 42nd of 197 countries.
Guatemala has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Guatemala | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.8% | 1.1% | 2.7% | Guatemala |
| 1980s | 5.5% | 1.5% | 3.9% | Guatemala |
| 1990s | 5.2% | 2.1% | 3.1% | Guatemala |
| 2000s | 10.5% | 5.8% | 4.6% | Guatemala |
| 2010s | 13.4% | 7.7% | 5.7% | Guatemala |
| 2020s | 12.6% | 11.4% | 1.2% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guatemala or Philippines?
- Guatemala, at 10.7% against 10.6% in Philippines as of 2024.
- What is the difference in insurance and financial services between Guatemala and Philippines?
- 0.1%, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Philippines?
- 48 years are reported by both, from 1977 to 2024.
- How do Guatemala and Philippines rank globally for insurance and financial services?
- Guatemala ranks 41st and Philippines ranks 42nd 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.