Barbados vs Sri Lanka: Insurance and financial services
Insurance and financial services over time
- Barbados
- Sri Lanka
How they compare
Barbados currently reports 1.3% against 1.1% in Sri Lanka, a difference of 0.2%.
That makes Barbados's figure about 1.1 times Sri Lanka's.
The two have swapped places 8 times across 43 shared years of data; in 1975 it was Sri Lanka ahead.
Barbados ranks 135th and Sri Lanka ranks 138th of 190 countries.
Across the 5 decades both report, Barbados averaged higher in 1 and Sri Lanka in 4.
Head to head by decade
| Decade | Barbados | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.8% | 1.4% | 0.6% | Sri Lanka |
| 1980s | 3.9% | 3.4% | 0.4% | Barbados |
| 1990s | 3.7% | 3.9% | 0.1% | Sri Lanka |
| 2000s | 2.2% | 6.5% | 4.3% | Sri Lanka |
| 2010s | 1.4% | 5.7% | 4.3% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Sri Lanka?
- Barbados, at 1.3% against 1.1% in Sri Lanka as of 2017.
- What is the difference in insurance and financial services between Barbados and Sri Lanka?
- 0.2%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Sri Lanka?
- 43 years are reported by both, from 1975 to 2017.
- How do Barbados and Sri Lanka rank globally for insurance and financial services?
- Barbados ranks 135th and Sri Lanka ranks 138th 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.