Least developed countries vs Nicaragua: Insurance and financial services

Least developed countries
8.4%
in 2024
Nicaragua
15.9%
in 2024
Least developed countries rank
20th
Nicaragua rank
17th

Insurance and financial services over time

  • Least developed countries
  • Nicaragua
-30-20-1001020197720002024

How they compare

Nicaragua currently reports 15.9% against 8.4% in Least developed countries, a difference of 7.5%.

That makes Nicaragua's figure about 1.9 times Least developed countries's.

The two have swapped places 6 times across 38 shared years of data; in 1983 it was Nicaragua ahead.

Least developed countries ranks 20th and Nicaragua ranks 17th of 47 groups.

Across the 5 decades both report, Least developed countries averaged higher in 1 and Nicaragua in 4.

Head to head by decade

Decade Least developed countries Nicaragua Difference Ahead
1980s 4.6% 5.2% 0.7% Nicaragua
1990s 3.8% 3.5% 0.3% Least developed countries
2000s 5.5% 8.7% 3.3% Nicaragua
2010s 5.7% 9.9% 4.2% Nicaragua
2020s 7.1% 16.1% 9.0% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Least developed countries or Nicaragua?
Nicaragua, at 15.9% against 8.4% in Least developed countries as of 2024.
What is the difference in insurance and financial services between Least developed countries and Nicaragua?
7.5%, with Nicaragua ahead.
How many years of comparable data are there for Least developed countries and Nicaragua?
38 years are reported by both, from 1983 to 2024.
How do Least developed countries and Nicaragua rank globally for insurance and financial services?
Least developed countries ranks 20th and Nicaragua ranks 17th 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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Least developed countries vs Nicaragua: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/least-developed-countries-un-classification/nicaragua/

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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.