Latin America & Caribbean (excluding high income) vs New Zealand: Insurance and financial services
Insurance and financial services over time
- Latin America & Caribbean (excluding high income)
- New Zealand
How they compare
New Zealand currently reports 13.0% against 8.2% in Latin America & Caribbean (excluding high income), a difference of 4.8%.
That makes New Zealand's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 26 shared years of data; in 2000 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 25th and New Zealand ranks 28th of 47 groups.
Across the 3 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.6% | 4.9% | 4.8% | Latin America & Caribbean (excluding high income) |
| 2010s | 8.3% | 8.5% | 0.2% | New Zealand |
| 2020s | 9.9% | 13.6% | 3.8% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latin America & Caribbean (excluding high income) or New Zealand?
- New Zealand, at 13.0% against 8.2% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Latin America & Caribbean (excluding high income) and New Zealand?
- 4.8%, with New Zealand ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and New Zealand?
- 26 years are reported by both, from 2000 to 2025.
- How do Latin America & Caribbean (excluding high income) and New Zealand rank globally for insurance and financial services?
- Latin America & Caribbean (excluding high income) ranks 25th and New Zealand ranks 28th of 47 groups.
- 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.