Barbados vs Jamaica: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Barbados
- Jamaica
How they compare
Barbados currently reports 6.4% against 6.4% in Jamaica, a difference of 0.0%.
The two have swapped places 4 times across 42 shared years of data; in 1976 it was Jamaica ahead.
Barbados ranks 93rd and Jamaica ranks 95th of 197 countries.
Across the 5 decades both report, Barbados averaged higher in 1 and Jamaica in 4.
Head to head by decade
| Decade | Barbados | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.4% | 14.4% | 11.0% | Jamaica |
| 1980s | 3.9% | 9.7% | 5.8% | Jamaica |
| 1990s | 8.1% | 7.1% | 1.1% | Barbados |
| 2000s | 6.4% | 9.4% | 3.0% | Jamaica |
| 2010s | 6.0% | 9.4% | 3.4% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Jamaica?
- Barbados, at 6.4% against 6.4% in Jamaica as of 2017.
- What is the difference in insurance and financial services between Barbados and Jamaica?
- 0.0%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Jamaica?
- 42 years are reported by both, from 1976 to 2017.
- How do Barbados and Jamaica rank globally for insurance and financial services?
- Barbados ranks 93rd and Jamaica ranks 95th 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.