Kiribati vs Papua New Guinea: Insurance and financial services

Kiribati
2.1%
in 2025
Papua New Guinea
2.1%
in 2024
Kiribati rank
172nd
Papua New Guinea rank
173rd

Insurance and financial services over time

  • Kiribati
  • Papua New Guinea
05101520197620002025

How they compare

Kiribati currently reports 2.1% against 2.1% in Papua New Guinea, a difference of 0.0%.

The two have swapped places 7 times across 35 shared years of data; in 1979 it was Kiribati ahead.

Kiribati ranks 172nd and Papua New Guinea ranks 173rd of 197 countries.

Across the 6 decades both report, Kiribati averaged higher in 3 and Papua New Guinea in 3.

Head to head by decade

Decade Kiribati Papua New Guinea Difference Ahead
1970s 6.8% 4.6% 2.1% Kiribati
1980s 4.8% 4.0% 0.7% Kiribati
1990s 6.5% 2.7% 3.8% Kiribati
2000s 5.8% 14.4% 8.6% Papua New Guinea
2010s 3.4% 5.2% 1.7% Papua New Guinea
2020s 1.5% 3.4% 1.9% Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Kiribati or Papua New Guinea?
Kiribati, at 2.1% against 2.1% in Papua New Guinea as of 2025.
What is the difference in insurance and financial services between Kiribati and Papua New Guinea?
0.0%, with Kiribati ahead.
How many years of comparable data are there for Kiribati and Papua New Guinea?
35 years are reported by both, from 1979 to 2024.
How do Kiribati and Papua New Guinea rank globally for insurance and financial services?
Kiribati ranks 172nd and Papua New Guinea ranks 173rd 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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Kiribati vs Papua New Guinea: 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/kiribati/papua-new-guinea/

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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.