Faroe Islands vs Honduras: Insurance and financial services
Insurance and financial services over time
- Faroe Islands
- Honduras
How they compare
Faroe Islands currently reports 0.8% against 0.8% in Honduras, a difference of 0.0%.
The two have swapped places 2 times across 14 shared years of data; in 1998 it was Honduras ahead.
Faroe Islands ranks 149th and Honduras ranks 152nd of 190 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Honduras in 2.
Head to head by decade
| Decade | Faroe Islands | Honduras | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.4% | 7.1% | 0.7% | Honduras |
| 2000s | 4.5% | 1.3% | 3.2% | Faroe Islands |
| 2010s | 0.8% | 1.1% | 0.3% | Honduras |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Faroe Islands or Honduras?
- Faroe Islands, at 0.8% against 0.8% in Honduras as of 2011.
- What is the difference in insurance and financial services between Faroe Islands and Honduras?
- 0.0%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Honduras?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Honduras rank globally for insurance and financial services?
- Faroe Islands ranks 149th and Honduras ranks 152nd 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.