Benin vs Tonga: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Benin
- Tonga
How they compare
Benin currently reports 2.7% against 2.7% in Tonga, a difference of 0.0%.
The two have swapped places 6 times across 42 shared years of data; in 1974 it was Benin ahead.
Benin ranks 160th and Tonga ranks 161st of 197 countries.
Across the 6 decades both report, Benin averaged higher in 5 and Tonga in 1.
Head to head by decade
| Decade | Benin | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.5% | 5.9% | 6.6% | Benin |
| 1980s | 9.7% | 5.0% | 4.7% | Benin |
| 1990s | 5.8% | 5.7% | 0.1% | Benin |
| 2000s | 9.3% | 7.6% | 1.7% | Benin |
| 2010s | 3.3% | 4.2% | 1.0% | Tonga |
| 2020s | 2.1% | 1.6% | 0.4% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Benin or Tonga?
- Benin, at 2.7% against 2.7% in Tonga as of 2023.
- What is the difference in insurance and financial services between Benin and Tonga?
- 0.0%, with Benin ahead.
- How many years of comparable data are there for Benin and Tonga?
- 42 years are reported by both, from 1974 to 2023.
- How do Benin and Tonga rank globally for insurance and financial services?
- Benin ranks 160th and Tonga ranks 161st 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.