Guinea-Bissau vs Venezuela: Insurance and financial services
Insurance and financial services over time
- Guinea-Bissau
- Venezuela
How they compare
Guinea-Bissau currently reports 3.9% against 3.8% in Venezuela, a difference of 0.1%.
The two have swapped places 9 times across 32 shared years of data; in 1982 it was Venezuela ahead.
Guinea-Bissau ranks 133rd and Venezuela ranks 136th of 197 countries.
Across the 4 decades both report, Guinea-Bissau averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Guinea-Bissau | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.0% | 4.4% | 0.4% | Venezuela |
| 1990s | 4.2% | 3.1% | 1.2% | Guinea-Bissau |
| 2000s | 2.4% | 7.9% | 5.4% | Venezuela |
| 2010s | 4.9% | 5.8% | 0.9% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guinea-Bissau or Venezuela?
- Guinea-Bissau, at 3.9% against 3.8% in Venezuela as of 2024.
- What is the difference in insurance and financial services between Guinea-Bissau and Venezuela?
- 0.1%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Venezuela?
- 32 years are reported by both, from 1982 to 2016.
- How do Guinea-Bissau and Venezuela rank globally for insurance and financial services?
- Guinea-Bissau ranks 133rd and Venezuela ranks 136th 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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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.