Nepal vs Tanzania: Insurance and financial services
Insurance and financial services over time
- Nepal
- Tanzania
How they compare
Tanzania currently reports 0.9% against 0.9% in Nepal, a difference of 0.0%.
That makes Tanzania's figure about 1.1 times Nepal's.
The two have swapped places 4 times across 23 shared years of data; in 2002 it was Tanzania ahead.
Nepal ranks 148th and Tanzania ranks 145th of 190 countries.
Across the 3 decades both report, Nepal averaged higher in 1 and Tanzania in 2.
Head to head by decade
| Decade | Nepal | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5% | 2.0% | 1.6% | Tanzania |
| 2010s | 0.9% | 1.7% | 0.8% | Tanzania |
| 2020s | 1.0% | 0.8% | 0.2% | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Nepal or Tanzania?
- Tanzania, at 0.9% against 0.9% in Nepal as of 2024.
- What is the difference in insurance and financial services between Nepal and Tanzania?
- 0.0%, with Tanzania ahead.
- How many years of comparable data are there for Nepal and Tanzania?
- 23 years are reported by both, from 2002 to 2024.
- How do Nepal and Tanzania rank globally for insurance and financial services?
- Nepal ranks 148th and Tanzania ranks 145th 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.