Armenia vs Sao Tome and Principe: Insurance and financial services
Insurance and financial services over time
- Armenia
- Sao Tome and Principe
How they compare
Sao Tome and Principe currently reports 9.8% against 9.7% in Armenia, a difference of 0.1%.
The two have swapped places 4 times across 28 shared years of data; in 1997 it was Sao Tome and Principe ahead.
Armenia ranks 56th and Sao Tome and Principe ranks 54th of 197 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Sao Tome and Principe in 2.
Head to head by decade
| Decade | Armenia | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.1% | 10.4% | 3.3% | Sao Tome and Principe |
| 2000s | 4.9% | 8.3% | 3.4% | Sao Tome and Principe |
| 2010s | 4.3% | 3.7% | 0.6% | Armenia |
| 2020s | 9.0% | 4.8% | 4.1% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or Sao Tome and Principe?
- Sao Tome and Principe, at 9.8% against 9.7% in Armenia as of 2024.
- What is the difference in insurance and financial services between Armenia and Sao Tome and Principe?
- 0.1%, with Sao Tome and Principe ahead.
- How many years of comparable data are there for Armenia and Sao Tome and Principe?
- 28 years are reported by both, from 1997 to 2024.
- How do Armenia and Sao Tome and Principe rank globally for insurance and financial services?
- Armenia ranks 56th and Sao Tome and Principe ranks 54th 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.
Individual pages
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.