Benin vs Micronesia, Federated States of: Insurance and financial services
Insurance and financial services over time
- Benin
- Micronesia, Federated States of
How they compare
Micronesia, Federated States of currently reports 2.8% against 2.7% in Benin, a difference of 0.1%.
The two have swapped places 1 time across 6 shared years of data; in 2009 it was Benin ahead.
Benin ranks 163rd and Micronesia, Federated States of ranks 160th of 197 countries.
Benin has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.8% | 2.3% | 2.6% | Benin |
| 2010s | 4.5% | 2.8% | 1.7% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Benin or Micronesia, Federated States of?
- Micronesia, Federated States of, at 2.8% against 2.7% in Benin as of 2014.
- What is the difference in insurance and financial services between Benin and Micronesia, Federated States of?
- 0.1%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Benin and Micronesia, Federated States of?
- 6 years are reported by both, from 2009 to 2014.
- How do Benin and Micronesia, Federated States of rank globally for insurance and financial services?
- Benin ranks 163rd and Micronesia, Federated States of ranks 160th 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.