Bahrain vs Libya: Insurance and financial services
Insurance and financial services over time
- Bahrain
- Libya
How they compare
Bahrain currently reports 35.0% against 27.7% in Libya, a difference of 7.3%.
That makes Bahrain's figure about 1.3 times Libya's.
The two have swapped places 10 times across 38 shared years of data; in 1977 it was Bahrain ahead.
Bahrain ranks 2nd and Libya ranks 4th of 197 countries.
Across the 6 decades both report, Bahrain averaged higher in 5 and Libya in 1.
Head to head by decade
| Decade | Bahrain | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.6% | 5.3% | 1.3% | Bahrain |
| 1980s | 6.1% | 5.2% | 1.0% | Bahrain |
| 1990s | 4.0% | 4.1% | 0.1% | Libya |
| 2000s | 13.0% | 5.9% | 7.1% | Bahrain |
| 2010s | 43.8% | 24.7% | 19.1% | Bahrain |
| 2020s | 38.8% | 26.3% | 12.5% | Bahrain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bahrain or Libya?
- Bahrain, at 35.0% against 27.7% in Libya as of 2024.
- What is the difference in insurance and financial services between Bahrain and Libya?
- 7.3%, with Bahrain ahead.
- How many years of comparable data are there for Bahrain and Libya?
- 38 years are reported by both, from 1977 to 2023.
- How do Bahrain and Libya rank globally for insurance and financial services?
- Bahrain ranks 2nd and Libya ranks 4th 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.