Nicaragua vs Panama: Insurance and financial services
Insurance and financial services over time
- Nicaragua
- Panama
How they compare
Panama currently reports 17.5% against 15.9% in Nicaragua, a difference of 1.6%.
That makes Panama's figure about 1.1 times Nicaragua's.
The two have swapped places 3 times across 48 shared years of data; in 1977 it was Nicaragua ahead.
Nicaragua ranks 17th and Panama ranks 14th of 197 countries.
Across the 6 decades both report, Nicaragua averaged higher in 1 and Panama in 5.
Head to head by decade
| Decade | Nicaragua | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -4.9% | 6.8% | 11.7% | Panama |
| 1980s | 4.9% | 10.0% | 5.0% | Panama |
| 1990s | 3.5% | 9.7% | 6.2% | Panama |
| 2000s | 8.5% | 15.0% | 6.5% | Panama |
| 2010s | 9.9% | 14.8% | 4.9% | Panama |
| 2020s | 16.1% | 13.8% | 2.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Nicaragua or Panama?
- Panama, at 17.5% against 15.9% in Nicaragua as of 2025.
- What is the difference in insurance and financial services between Nicaragua and Panama?
- 1.6%, with Panama ahead.
- How many years of comparable data are there for Nicaragua and Panama?
- 48 years are reported by both, from 1977 to 2024.
- How do Nicaragua and Panama rank globally for insurance and financial services?
- Nicaragua ranks 17th and Panama ranks 14th 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.