Bahamas vs Europe & Central Asia: Insurance and financial services
Insurance and financial services over time
- Bahamas
- Europe & Central Asia
How they compare
Bahamas currently reports 12.7% against 7.7% in Europe & Central Asia, a difference of 5.0%.
That makes Bahamas's figure about 1.7 times Europe & Central Asia's.
The two have swapped places 3 times across 38 shared years of data; in 1982 it was Europe & Central Asia ahead.
Bahamas ranks 31st and Europe & Central Asia ranks 28th of 197 countries.
Across the 5 decades both report, Bahamas averaged higher in 4 and Europe & Central Asia in 1.
Head to head by decade
| Decade | Bahamas | Europe & Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.2% | 4.5% | 2.2% | Europe & Central Asia |
| 1990s | 8.8% | 5.4% | 3.4% | Bahamas |
| 2000s | 8.4% | 6.5% | 2.0% | Bahamas |
| 2010s | 10.7% | 7.2% | 3.5% | Bahamas |
| 2020s | 14.6% | 7.6% | 7.0% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bahamas or Europe & Central Asia?
- Bahamas, at 12.7% against 7.7% in Europe & Central Asia as of 2024.
- What is the difference in insurance and financial services between Bahamas and Europe & Central Asia?
- 5.0%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Europe & Central Asia?
- 38 years are reported by both, from 1982 to 2024.
- How do Bahamas and Europe & Central Asia rank globally for insurance and financial services?
- Bahamas ranks 31st and Europe & Central Asia ranks 28th 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.