Saint Vincent and the Grenadines vs Sub-Saharan Africa: Insurance and financial services

Saint Vincent and the Grenadines
13.3%
in 2025
Sub-Saharan Africa
8.2%
in 2024
Saint Vincent and the Grenadines rank
25th
Sub-Saharan Africa rank
23rd

Insurance and financial services over time

  • Saint Vincent and the Grenadines
  • Sub-Saharan Africa
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How they compare

Saint Vincent and the Grenadines currently reports 13.3% against 8.2% in Sub-Saharan Africa, a difference of 5.1%.

That makes Saint Vincent and the Grenadines's figure about 1.6 times Sub-Saharan Africa's.

The two have swapped places 5 times across 47 shared years of data; in 1978 it was Sub-Saharan Africa ahead.

Saint Vincent and the Grenadines ranks 25th and Sub-Saharan Africa ranks 23rd of 197 countries.

Across the 6 decades both report, Saint Vincent and the Grenadines averaged higher in 4 and Sub-Saharan Africa in 2.

Head to head by decade

Decade Saint Vincent and the Grenadines Sub-Saharan Africa Difference Ahead
1970s 5.1% 6.7% 1.7% Sub-Saharan Africa
1980s 5.8% 6.3% 0.5% Sub-Saharan Africa
1990s 7.6% 5.5% 2.1% Saint Vincent and the Grenadines
2000s 10.0% 4.9% 5.1% Saint Vincent and the Grenadines
2010s 11.1% 5.0% 6.2% Saint Vincent and the Grenadines
2020s 14.7% 6.8% 7.9% Saint Vincent and the Grenadines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Saint Vincent and the Grenadines or Sub-Saharan Africa?
Saint Vincent and the Grenadines, at 13.3% against 8.2% in Sub-Saharan Africa as of 2025.
What is the difference in insurance and financial services between Saint Vincent and the Grenadines and Sub-Saharan Africa?
5.1%, with Saint Vincent and the Grenadines ahead.
How many years of comparable data are there for Saint Vincent and the Grenadines and Sub-Saharan Africa?
47 years are reported by both, from 1978 to 2024.
How do Saint Vincent and the Grenadines and Sub-Saharan Africa rank globally for insurance and financial services?
Saint Vincent and the Grenadines ranks 25th and Sub-Saharan Africa ranks 23rd 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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Saint Vincent and the Grenadines vs Sub-Saharan Africa: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/st-vincent-and-the-grenadines/sub-saharan-africa/

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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.