Central African Republic vs European Union: Insurance and financial services
Insurance and financial services over time
- Central African Republic
- European Union
How they compare
Central African Republic currently reports 19.6% against 9.5% in European Union, a difference of 10.1%.
That makes Central African Republic's figure about 2.1 times European Union's.
Across all 14 years both countries report, Central African Republic has been ahead every year.
Central African Republic ranks 16th and European Union ranks 15th of 190 countries.
Central African Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Central African Republic | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.1% | 2.9% | 5.2% | Central African Republic |
| 1980s | 13.4% | 3.3% | 10.1% | Central African Republic |
| 1990s | 18.8% | 4.1% | 14.8% | Central African Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Central African Republic or European Union?
- Central African Republic, at 19.6% against 9.5% in European Union as of 1993.
- What is the difference in insurance and financial services between Central African Republic and European Union?
- 10.1%, with Central African Republic ahead.
- How many years of comparable data are there for Central African Republic and European Union?
- 14 years are reported by both, from 1977 to 1990.
- How do Central African Republic and European Union rank globally for insurance and financial services?
- Central African Republic ranks 16th and European Union ranks 15th 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.