Senegal vs Singapore: Insurance and financial services

Senegal
6.5%
in 2023
Singapore
6.4%
in 2025
Senegal rank
90th
Singapore rank
92nd

Insurance and financial services over time

  • Senegal
  • Singapore
2.557.51012.515197219982025

How they compare

Senegal currently reports 6.5% against 6.4% in Singapore, a difference of 0.1%.

The two have swapped places 4 times across 50 shared years of data; in 1974 it was Senegal ahead.

Senegal ranks 90th and Singapore ranks 92nd of 197 countries.

Across the 6 decades both report, Senegal averaged higher in 3 and Singapore in 3.

Head to head by decade

Decade Senegal Singapore Difference Ahead
1970s 9.2% 4.5% 4.8% Senegal
1980s 5.6% 5.6% 0.1% Singapore
1990s 6.7% 7.9% 1.2% Singapore
2000s 10.4% 4.7% 5.8% Senegal
2010s 9.8% 5.1% 4.7% Senegal
2020s 6.3% 7.0% 0.6% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Senegal or Singapore?
Senegal, at 6.5% against 6.4% in Singapore as of 2023.
What is the difference in insurance and financial services between Senegal and Singapore?
0.1%, with Senegal ahead.
How many years of comparable data are there for Senegal and Singapore?
50 years are reported by both, from 1974 to 2023.
How do Senegal and Singapore rank globally for insurance and financial services?
Senegal ranks 90th and Singapore ranks 92nd 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.

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Senegal vs Singapore: 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/senegal/singapore/

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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.