Liberia vs OECD members: Insurance and financial services
Insurance and financial services over time
- Liberia
- OECD members
How they compare
Liberia currently reports 71.7% against 11.9% in OECD members, a difference of 59.8%.
That makes Liberia's figure about 6.0 times OECD members's.
Across all 15 years both countries report, Liberia has been ahead every year.
Liberia ranks 2nd and OECD members ranks 5th of 190 countries.
Liberia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 98.2% | 10.7% | 87.6% | Liberia |
| 2020s | 47.6% | 11.5% | 36.1% | Liberia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Liberia or OECD members?
- Liberia, at 71.7% against 11.9% in OECD members as of 2024.
- What is the difference in insurance and financial services between Liberia and OECD members?
- 59.8%, with Liberia ahead.
- How many years of comparable data are there for Liberia and OECD members?
- 15 years are reported by both, from 2010 to 2024.
- How do Liberia and OECD members rank globally for insurance and financial services?
- Liberia ranks 2nd and OECD members ranks 5th 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.