Europe & Central Asia (excluding high income) vs Guyana: Insurance and financial services
Insurance and financial services over time
- Europe & Central Asia (excluding high income)
- Guyana
How they compare
Guyana currently reports 10.5% against 3.5% in Europe & Central Asia (excluding high income), a difference of 7.0%.
That makes Guyana's figure about 3.0 times Europe & Central Asia (excluding high income)'s.
Across all 28 years both countries report, Guyana has been ahead every year.
Europe & Central Asia (excluding high income) ranks 31st 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 | Europe & Central Asia (excluding high income) | Guyana | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.4% | 3.3% | 1.9% | Guyana |
| 2000s | 2.1% | 7.5% | 5.4% | Guyana |
| 2010s | 2.0% | 11.2% | 9.2% | Guyana |
| 2020s | 2.7% | 27.9% | 25.2% | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Europe & Central Asia (excluding high income) or Guyana?
- Guyana, at 10.5% against 3.5% in Europe & Central Asia (excluding high income) as of 2023.
- What is the difference in insurance and financial services between Europe & Central Asia (excluding high income) and Guyana?
- 7.0%, with Guyana ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Guyana?
- 28 years are reported by both, from 1996 to 2023.
- How do Europe & Central Asia (excluding high income) and Guyana rank globally for insurance and financial services?
- Europe & Central Asia (excluding high income) ranks 31st 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.