East Asia & Pacific vs Guyana: Insurance and financial services
Insurance and financial services over time
- East Asia & Pacific
- Guyana
How they compare
Guyana currently reports 10.5% against 4.0% in East Asia & Pacific, a difference of 6.5%.
That makes Guyana's figure about 2.7 times East Asia & Pacific's.
The two have swapped places 4 times across 28 shared years of data; in 1996 it was Guyana ahead.
East Asia & Pacific ranks 30th and Guyana ranks 33rd of 45 groups.
Guyana has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | Guyana | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.1% | 3.3% | 0.3% | Guyana |
| 2000s | 4.0% | 7.5% | 3.5% | Guyana |
| 2010s | 5.8% | 11.2% | 5.4% | Guyana |
| 2020s | 8.0% | 27.9% | 19.9% | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, East Asia & Pacific or Guyana?
- Guyana, at 10.5% against 4.0% in East Asia & Pacific as of 2023.
- What is the difference in insurance and financial services between East Asia & Pacific and Guyana?
- 6.5%, with Guyana ahead.
- How many years of comparable data are there for East Asia & Pacific and Guyana?
- 28 years are reported by both, from 1996 to 2023.
- How do East Asia & Pacific and Guyana rank globally for insurance and financial services?
- East Asia & Pacific ranks 30th and Guyana ranks 33rd of 45 groups.
- 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.