Barbados vs Lebanon: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Barbados
- Lebanon
How they compare
Lebanon currently reports 6.5% against 6.4% in Barbados, a difference of 0.1%.
The two have swapped places 1 time across 16 shared years of data; in 2002 it was Barbados ahead.
Barbados ranks 93rd and Lebanon ranks 90th of 197 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Lebanon in 1.
Head to head by decade
| Decade | Barbados | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.7% | 2.7% | 3.1% | Barbados |
| 2010s | 6.0% | 12.6% | 6.6% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Lebanon?
- Lebanon, at 6.5% against 6.4% in Barbados as of 2023.
- What is the difference in insurance and financial services between Barbados and Lebanon?
- 0.1%, with Lebanon ahead.
- How many years of comparable data are there for Barbados and Lebanon?
- 16 years are reported by both, from 2002 to 2017.
- How do Barbados and Lebanon rank globally for insurance and financial services?
- Barbados ranks 93rd and Lebanon ranks 90th 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.