Arab World vs Nicaragua: Insurance and financial services
Insurance and financial services over time
- Arab World
- Nicaragua
How they compare
Nicaragua currently reports 16.3% against 8.9% in Arab World, a difference of 7.4%.
That makes Nicaragua's figure about 1.8 times Arab World's.
The two have swapped places 4 times across 14 shared years of data; in 2011 it was Nicaragua ahead.
Arab World ranks 14th and Nicaragua ranks 17th of 47 groups.
Nicaragua has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Arab World | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.2% | 10.4% | 0.2% | Nicaragua |
| 2020s | 10.1% | 16.5% | 6.4% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Arab World or Nicaragua?
- Nicaragua, at 16.3% against 8.9% in Arab World as of 2024.
- What is the difference in insurance and financial services between Arab World and Nicaragua?
- 7.4%, with Nicaragua ahead.
- How many years of comparable data are there for Arab World and Nicaragua?
- 14 years are reported by both, from 2011 to 2024.
- How do Arab World and Nicaragua rank globally for insurance and financial services?
- Arab World ranks 14th and Nicaragua ranks 17th of 47 groups.
- 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.