Armenia vs Costa Rica: Insurance and financial services
Insurance and financial services over time
- Armenia
- Costa Rica
How they compare
Costa Rica currently reports 10.1% against 9.7% in Armenia, a difference of 0.4%.
The two have swapped places 3 times across 33 shared years of data; in 1993 it was Armenia ahead.
Armenia ranks 56th and Costa Rica ranks 53rd of 197 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Costa Rica in 3.
Head to head by decade
| Decade | Armenia | Costa Rica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.2% | 4.7% | 2.6% | Armenia |
| 2000s | 4.9% | 13.1% | 8.2% | Costa Rica |
| 2010s | 4.3% | 11.4% | 7.1% | Costa Rica |
| 2020s | 9.1% | 10.8% | 1.7% | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or Costa Rica?
- Costa Rica, at 10.1% against 9.7% in Armenia as of 2025.
- What is the difference in insurance and financial services between Armenia and Costa Rica?
- 0.4%, with Costa Rica ahead.
- How many years of comparable data are there for Armenia and Costa Rica?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Costa Rica rank globally for insurance and financial services?
- Armenia ranks 56th and Costa Rica ranks 53rd 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.