Barbados vs Uruguay: Insurance and financial services
Insurance and financial services over time
- Barbados
- Uruguay
How they compare
Uruguay currently reports 6.5% against 6.4% in Barbados, a difference of 0.1%.
The two have swapped places 9 times across 40 shared years of data; in 1978 it was Uruguay ahead.
Barbados ranks 93rd and Uruguay ranks 90th of 197 countries.
Across the 5 decades both report, Barbados averaged higher in 4 and Uruguay in 1.
Head to head by decade
| Decade | Barbados | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.6% | 4.5% | 1.9% | Uruguay |
| 1980s | 3.9% | 2.8% | 1.0% | Barbados |
| 1990s | 8.1% | 4.2% | 3.9% | Barbados |
| 2000s | 6.4% | 5.2% | 1.2% | Barbados |
| 2010s | 6.0% | 5.7% | 0.3% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Barbados or Uruguay?
- Uruguay, at 6.5% against 6.4% in Barbados as of 2025.
- What is the difference in insurance and financial services between Barbados and Uruguay?
- 0.1%, with Uruguay ahead.
- How many years of comparable data are there for Barbados and Uruguay?
- 40 years are reported by both, from 1978 to 2017.
- How do Barbados and Uruguay rank globally for insurance and financial services?
- Barbados ranks 93rd and Uruguay 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.
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.