Latin America & Caribbean (excluding high income) vs Saint Vincent and the Grenadines: Insurance and financial services

Latin America & Caribbean (excluding high income)
8.2%
in 2025
Saint Vincent and the Grenadines
13.3%
in 2025
Latin America & Caribbean (excluding high income) rank
25th
Saint Vincent and the Grenadines rank
25th

Insurance and financial services over time

  • Latin America & Caribbean (excluding high income)
  • Saint Vincent and the Grenadines
5101520197820012025

How they compare

Saint Vincent and the Grenadines currently reports 13.3% against 8.2% in Latin America & Caribbean (excluding high income), a difference of 5.1%.

That makes Saint Vincent and the Grenadines's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 9 times across 47 shared years of data; in 1979 it was Latin America & Caribbean (excluding high income) ahead.

Latin America & Caribbean (excluding high income) ranks 25th and Saint Vincent and the Grenadines ranks 25th of 47 groups.

Across the 6 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 3 and Saint Vincent and the Grenadines in 3.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Saint Vincent and the Grenadines Difference Ahead
1970s 5.8% 4.3% 1.5% Latin America & Caribbean (excluding high income)
1980s 6.9% 5.8% 1.1% Latin America & Caribbean (excluding high income)
1990s 8.1% 7.6% 0.4% Latin America & Caribbean (excluding high income)
2000s 9.6% 10.0% 0.4% Saint Vincent and the Grenadines
2010s 8.3% 11.1% 2.8% Saint Vincent and the Grenadines
2020s 9.9% 14.5% 4.6% Saint Vincent and the Grenadines

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 Saint Vincent and the Grenadines?
Saint Vincent and the Grenadines, at 13.3% 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 Saint Vincent and the Grenadines?
5.1%, with Saint Vincent and the Grenadines ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Saint Vincent and the Grenadines?
47 years are reported by both, from 1979 to 2025.
How do Latin America & Caribbean (excluding high income) and Saint Vincent and the Grenadines rank globally for insurance and financial services?
Latin America & Caribbean (excluding high income) ranks 25th and Saint Vincent and the Grenadines ranks 25th 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.

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Latin America & Caribbean (excluding high income) vs Saint Vincent and the Grenadines: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/latin-america-and-caribbean-excluding-high-income/st-vincent-and-the-grenadines/

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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.