Aruba vs Barbados: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Aruba
- Barbados
How they compare
Aruba currently reports 1.4% against 1.3% in Barbados, a difference of 0.1%.
That makes Aruba's figure about 1.1 times Barbados's.
The two have swapped places 6 times across 32 shared years of data; in 1986 it was Barbados ahead.
Aruba ranks 134th and Barbados ranks 136th of 190 countries.
Barbados has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Aruba | Barbados | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3% | 5.4% | 5.1% | Barbados |
| 1990s | 2.3% | 3.7% | 1.4% | Barbados |
| 2000s | 0.4% | 2.2% | 1.9% | Barbados |
| 2010s | 0.8% | 1.4% | 0.6% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Aruba or Barbados?
- Aruba, at 1.4% against 1.3% in Barbados as of 2023.
- What is the difference in insurance and financial services between Aruba and Barbados?
- 0.1%, with Aruba ahead.
- How many years of comparable data are there for Aruba and Barbados?
- 32 years are reported by both, from 1986 to 2017.
- How do Aruba and Barbados rank globally for insurance and financial services?
- Aruba ranks 134th and Barbados ranks 136th of 190 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 commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.