South Korea vs Solomon Islands: Insurance and financial services
Insurance and financial services over time
- South Korea
- Solomon Islands
How they compare
Solomon Islands currently reports 3.7% against 3.6% in South Korea, a difference of 0.1%.
The two have swapped places 6 times across 49 shared years of data; in 1976 it was South Korea ahead.
South Korea ranks 142nd and Solomon Islands ranks 140th of 197 countries.
Across the 6 decades both report, South Korea averaged higher in 1 and Solomon Islands in 5.
Head to head by decade
| Decade | South Korea | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.3% | 5.2% | 1.1% | South Korea |
| 1980s | 1.4% | 3.2% | 1.8% | Solomon Islands |
| 1990s | 0.9% | 3.9% | 3.0% | Solomon Islands |
| 2000s | 2.0% | 8.0% | 6.0% | Solomon Islands |
| 2010s | 2.5% | 4.8% | 2.4% | Solomon Islands |
| 2020s | 3.3% | 4.5% | 1.3% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, South Korea or Solomon Islands?
- Solomon Islands, at 3.7% against 3.6% in South Korea as of 2024.
- What is the difference in insurance and financial services between South Korea and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for South Korea and Solomon Islands?
- 49 years are reported by both, from 1976 to 2024.
- How do South Korea and Solomon Islands rank globally for insurance and financial services?
- South Korea ranks 142nd and Solomon Islands ranks 140th 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.