Algeria vs Latvia: Insurance and financial services
Insurance and financial services over time
- Algeria
- Latvia
How they compare
Latvia currently reports 3.0% against 3.0% in Algeria, a difference of 0.0%.
The two have swapped places 3 times across 17 shared years of data; in 2008 it was Latvia ahead.
Algeria ranks 157th and Latvia ranks 156th of 197 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Algeria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.0% | 8.2% | 5.2% | Latvia |
| 2010s | 2.4% | 7.7% | 5.4% | Latvia |
| 2020s | 3.1% | 3.6% | 0.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Algeria or Latvia?
- Latvia, at 3.0% against 3.0% in Algeria as of 2025.
- What is the difference in insurance and financial services between Algeria and Latvia?
- 0.0%, with Latvia ahead.
- How many years of comparable data are there for Algeria and Latvia?
- 17 years are reported by both, from 2008 to 2024.
- How do Algeria and Latvia rank globally for insurance and financial services?
- Algeria ranks 157th and Latvia ranks 156th of 197 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 imports). 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 imports which are commercial services provided by non-residents to residents.