Malta vs Togo: Insurance and financial services
Insurance and financial services over time
- Malta
- Togo
How they compare
Togo currently reports 6.8% against 6.7% in Malta, a difference of 0.1%.
The two have swapped places 5 times across 41 shared years of data; in 1980 it was Malta ahead.
Malta ranks 53rd and Togo ranks 51st of 190 countries.
Across the 5 decades both report, Malta averaged higher in 3 and Togo in 2.
Head to head by decade
| Decade | Malta | Togo | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.1% | 1.7% | 2.3% | Malta |
| 1990s | 2.7% | 3.9% | 1.2% | Togo |
| 2000s | 24.8% | 4.1% | 20.7% | Malta |
| 2010s | 23.6% | 3.3% | 20.3% | Malta |
| 2020s | 3.7% | 6.8% | 3.2% | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Malta or Togo?
- Togo, at 6.8% against 6.7% in Malta as of 2020.
- What is the difference in insurance and financial services between Malta and Togo?
- 0.1%, with Togo ahead.
- How many years of comparable data are there for Malta and Togo?
- 41 years are reported by both, from 1980 to 2020.
- How do Malta and Togo rank globally for insurance and financial services?
- Malta ranks 53rd and Togo ranks 51st 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.