India vs Uganda: Insurance and financial services
Insurance and financial services over time
- India
- Uganda
How they compare
Uganda currently reports 2.9% against 2.8% in India, a difference of 0.1%.
The two have swapped places 4 times across 24 shared years of data; in 2001 it was India ahead.
India ranks 95th and Uganda ranks 92nd of 190 countries.
Across the 3 decades both report, India averaged higher in 2 and Uganda in 1.
Head to head by decade
| Decade | India | Uganda | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.5% | 3.4% | 1.1% | India |
| 2010s | 4.9% | 2.9% | 2.0% | India |
| 2020s | 3.3% | 3.8% | 0.5% | Uganda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, India or Uganda?
- Uganda, at 2.9% against 2.8% in India as of 2024.
- What is the difference in insurance and financial services between India and Uganda?
- 0.1%, with Uganda ahead.
- How many years of comparable data are there for India and Uganda?
- 24 years are reported by both, from 2001 to 2024.
- How do India and Uganda rank globally for insurance and financial services?
- India ranks 95th and Uganda ranks 92nd 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.