Barbados vs Costa Rica: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Barbados
- Costa Rica
How they compare
Costa Rica currently reports 1.4% against 1.3% in Barbados, a difference of 0.1%.
That makes Costa Rica's figure about 1.1 times Barbados's.
The two have swapped places 4 times across 32 shared years of data; in 1977 it was Barbados ahead.
Barbados ranks 136th and Costa Rica ranks 133rd of 190 countries.
Barbados has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Barbados | Costa Rica | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.8% | 0.5% | 0.3% | Barbados |
| 1980s | 2.3% | 0.8% | 1.5% | Barbados |
| 1990s | 3.3% | 0.4% | 2.9% | Barbados |
| 2000s | 2.2% | 0.3% | 2.0% | Barbados |
| 2010s | 1.4% | 0.7% | 0.7% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Costa Rica?
- Costa Rica, at 1.4% against 1.3% in Barbados as of 2025.
- What is the difference in insurance and financial services between Barbados and Costa Rica?
- 0.1%, with Costa Rica ahead.
- How many years of comparable data are there for Barbados and Costa Rica?
- 32 years are reported by both, from 1977 to 2017.
- How do Barbados and Costa Rica rank globally for insurance and financial services?
- Barbados ranks 136th and Costa Rica ranks 133rd 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.