Australia vs Senegal: Insurance and financial services
Insurance and financial services over time
- Australia
- Senegal
How they compare
Senegal currently reports 5.2% against 4.7% in Australia, a difference of 0.5%.
That makes Senegal's figure about 1.1 times Australia's.
Across all 35 years both countries report, Australia has been ahead every year.
Australia ranks 69th and Senegal ranks 66th of 190 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.0% | 0.6% | 5.4% | Australia |
| 1990s | 7.3% | 1.0% | 6.3% | Australia |
| 2000s | 5.1% | 2.0% | 3.1% | Australia |
| 2010s | 5.5% | 2.3% | 3.2% | Australia |
| 2020s | 7.7% | 4.4% | 3.3% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Australia or Senegal?
- Senegal, at 5.2% against 4.7% in Australia as of 2023.
- What is the difference in insurance and financial services between Australia and Senegal?
- 0.5%, with Senegal ahead.
- How many years of comparable data are there for Australia and Senegal?
- 35 years are reported by both, from 1989 to 2023.
- How do Australia and Senegal rank globally for insurance and financial services?
- Australia ranks 69th and Senegal ranks 66th 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.
Individual pages
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.