Guinea vs World: Insurance and financial services
Insurance and financial services over time
- Guinea
- World
How they compare
Guinea currently reports 18.3% against 9.0% in World, a difference of 9.3%.
That makes Guinea's figure about 2.0 times World's.
The two have swapped places 13 times across 34 shared years of data; in 1988 it was World ahead.
Guinea ranks 17th and World ranks 16th of 190 countries.
Across the 5 decades both report, Guinea averaged higher in 2 and World in 3.
Head to head by decade
| Decade | Guinea | World | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0% | 5.8% | 5.8% | World |
| 1990s | 2.3% | 5.7% | 3.4% | World |
| 2000s | 3.4% | 7.9% | 4.4% | World |
| 2010s | 14.6% | 8.8% | 5.8% | Guinea |
| 2020s | 10.2% | 9.8% | 0.4% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guinea or World?
- Guinea, at 18.3% against 9.0% in World as of 2024.
- What is the difference in insurance and financial services between Guinea and World?
- 9.3%, with Guinea ahead.
- How many years of comparable data are there for Guinea and World?
- 34 years are reported by both, from 1988 to 2024.
- How do Guinea and World rank globally for insurance and financial services?
- Guinea ranks 17th and World ranks 16th 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.