Namibia vs Spain: Insurance and financial services
Insurance and financial services over time
- Namibia
- Spain
How they compare
Namibia currently reports 4.1% against 4.0% in Spain, a difference of 0.1%.
The two have swapped places 7 times across 21 shared years of data; in 1990 it was Namibia ahead.
Namibia ranks 76th and Spain ranks 77th of 190 countries.
Across the 3 decades both report, Namibia averaged higher in 1 and Spain in 2.
Head to head by decade
| Decade | Namibia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 4.3% | 1.2% | Spain |
| 2010s | 4.0% | 3.6% | 0.4% | Namibia |
| 2020s | 3.3% | 4.6% | 1.3% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Namibia or Spain?
- Namibia, at 4.1% against 4.0% in Spain as of 2024.
- What is the difference in insurance and financial services between Namibia and Spain?
- 0.1%, with Namibia ahead.
- How many years of comparable data are there for Namibia and Spain?
- 21 years are reported by both, from 1990 to 2024.
- How do Namibia and Spain rank globally for insurance and financial services?
- Namibia ranks 76th and Spain ranks 77th 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.