Central African Republic vs Latin America & Caribbean: Insurance and financial services
Insurance and financial services over time
- Central African Republic
- Latin America & Caribbean
How they compare
Central African Republic currently reports 19.6% against 6.7% in Latin America & Caribbean, a difference of 12.9%.
That makes Central African Republic's figure about 2.9 times Latin America & Caribbean's.
The two have swapped places 3 times across 15 shared years of data; in 1979 it was Latin America & Caribbean ahead.
Central African Republic ranks 16th and Latin America & Caribbean ranks 18th of 190 countries.
Across the 3 decades both report, Central African Republic averaged higher in 2 and Latin America & Caribbean in 1.
Head to head by decade
| Decade | Central African Republic | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.9% | 6.0% | 1.1% | Latin America & Caribbean |
| 1980s | 13.4% | 6.3% | 7.1% | Central African Republic |
| 1990s | 24.2% | 4.5% | 19.7% | 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 Latin America & Caribbean?
- Central African Republic, at 19.6% against 6.7% in Latin America & Caribbean as of 1993.
- What is the difference in insurance and financial services between Central African Republic and Latin America & Caribbean?
- 12.9%, with Central African Republic ahead.
- How many years of comparable data are there for Central African Republic and Latin America & Caribbean?
- 15 years are reported by both, from 1979 to 1993.
- How do Central African Republic and Latin America & Caribbean rank globally for insurance and financial services?
- Central African Republic ranks 16th and Latin America & Caribbean ranks 18th 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.