Bahamas vs East Asia & Pacific: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Bahamas
- East Asia & Pacific
How they compare
Bahamas currently reports 12.7% against 6.7% in East Asia & Pacific, a difference of 6.0%.
That makes Bahamas's figure about 1.9 times East Asia & Pacific's.
Across all 29 years both countries report, Bahamas has been ahead every year.
Bahamas ranks 31st and East Asia & Pacific ranks 32nd of 197 countries.
Bahamas has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bahamas | East Asia & Pacific | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.0% | 4.4% | 3.6% | Bahamas |
| 2000s | 8.4% | 5.6% | 2.8% | Bahamas |
| 2010s | 10.7% | 5.7% | 5.0% | Bahamas |
| 2020s | 14.6% | 7.4% | 7.2% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bahamas or East Asia & Pacific?
- Bahamas, at 12.7% against 6.7% in East Asia & Pacific as of 2024.
- What is the difference in insurance and financial services between Bahamas and East Asia & Pacific?
- 6.0%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and East Asia & Pacific?
- 29 years are reported by both, from 1996 to 2024.
- How do Bahamas and East Asia & Pacific rank globally for insurance and financial services?
- Bahamas ranks 31st and East Asia & Pacific ranks 32nd 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.