Latin America & Caribbean vs Sudan: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Latin America & Caribbean
- Sudan
How they compare
Sudan currently reports 19.7% against 6.8% in Latin America & Caribbean, a difference of 12.9%.
That makes Sudan's figure about 2.9 times Latin America & Caribbean's.
The two have swapped places 9 times across 42 shared years of data; in 1979 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 18th and Sudan ranks 16th of 45 groups.
Across the 6 decades both report, Latin America & Caribbean averaged higher in 5 and Sudan in 1.
Head to head by decade
| Decade | Latin America & Caribbean | Sudan | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.0% | 1.1% | 4.8% | Latin America & Caribbean |
| 1980s | 6.3% | 0.8% | 5.5% | Latin America & Caribbean |
| 1990s | 4.8% | 1.7% | 3.1% | Latin America & Caribbean |
| 2000s | 6.7% | 6.9% | 0.2% | Sudan |
| 2010s | 6.8% | 1.7% | 5.1% | Latin America & Caribbean |
| 2020s | 7.1% | 5.7% | 1.3% | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latin America & Caribbean or Sudan?
- Sudan, at 19.7% against 6.8% in Latin America & Caribbean as of 2025.
- What is the difference in insurance and financial services between Latin America & Caribbean and Sudan?
- 12.9%, with Sudan ahead.
- How many years of comparable data are there for Latin America & Caribbean and Sudan?
- 42 years are reported by both, from 1979 to 2025.
- How do Latin America & Caribbean and Sudan rank globally for insurance and financial services?
- Latin America & Caribbean ranks 18th and Sudan ranks 16th 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.