Liberia vs Sierra Leone: Insurance and financial services
Insurance and financial services over time
- Liberia
- Sierra Leone
How they compare
Liberia currently reports 71.7% against 32.7% in Sierra Leone, a difference of 39.0%.
That makes Liberia's figure about 2.2 times Sierra Leone's.
The two have swapped places 2 times across 15 shared years of data; in 2010 it was Liberia ahead.
Liberia ranks 2nd and Sierra Leone 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 | Sierra Leone | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 98.2% | 3.9% | 94.3% | Liberia |
| 2020s | 47.6% | 20.9% | 26.7% | Liberia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Liberia or Sierra Leone?
- Liberia, at 71.7% against 32.7% in Sierra Leone as of 2024.
- What is the difference in insurance and financial services between Liberia and Sierra Leone?
- 39.0%, with Liberia ahead.
- How many years of comparable data are there for Liberia and Sierra Leone?
- 15 years are reported by both, from 2010 to 2024.
- How do Liberia and Sierra Leone rank globally for insurance and financial services?
- Liberia ranks 2nd and Sierra Leone 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.