Mexico vs Nicaragua: Insurance and financial services
Insurance and financial services over time
- Mexico
- Nicaragua
How they compare
Nicaragua currently reports 15.9% against 15.6% in Mexico, a difference of 0.3%.
Across all 46 years both countries report, Mexico has been ahead every year.
Mexico ranks 18th and Nicaragua ranks 17th of 197 countries.
Mexico has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Mexico | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.5% | 6.5% | 2.1% | Mexico |
| 1980s | 8.5% | 4.9% | 3.6% | Mexico |
| 1990s | 14.6% | 3.5% | 11.1% | Mexico |
| 2000s | 15.2% | 8.5% | 6.7% | Mexico |
| 2010s | 16.9% | 9.9% | 7.0% | Mexico |
| 2020s | 18.1% | 16.1% | 2.0% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Mexico or Nicaragua?
- Nicaragua, at 15.9% against 15.6% in Mexico as of 2024.
- What is the difference in insurance and financial services between Mexico and Nicaragua?
- 0.3%, with Nicaragua ahead.
- How many years of comparable data are there for Mexico and Nicaragua?
- 46 years are reported by both, from 1979 to 2024.
- How do Mexico and Nicaragua rank globally for insurance and financial services?
- Mexico ranks 18th and Nicaragua ranks 17th 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.