Bosnia and Herzegovina vs Tuvalu: Insurance and financial services
Insurance and financial services over time
- Bosnia and Herzegovina
- Tuvalu
How they compare
Tuvalu currently reports 5.2% against 4.8% in Bosnia and Herzegovina, a difference of 0.4%.
That makes Tuvalu's figure about 1.1 times Bosnia and Herzegovina's.
Across all 23 years both countries report, Bosnia and Herzegovina has been ahead every year.
Bosnia and Herzegovina ranks 118th and Tuvalu ranks 115th of 197 countries.
Bosnia and Herzegovina has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.2% | 1.0% | 7.2% | Bosnia and Herzegovina |
| 2010s | 7.3% | 3.1% | 4.2% | Bosnia and Herzegovina |
| 2020s | 7.7% | 5.2% | 2.5% | Bosnia and Herzegovina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bosnia and Herzegovina or Tuvalu?
- Tuvalu, at 5.2% against 4.8% in Bosnia and Herzegovina as of 2023.
- What is the difference in insurance and financial services between Bosnia and Herzegovina and Tuvalu?
- 0.4%, with Tuvalu ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Tuvalu?
- 23 years are reported by both, from 2001 to 2023.
- How do Bosnia and Herzegovina and Tuvalu rank globally for insurance and financial services?
- Bosnia and Herzegovina ranks 118th and Tuvalu ranks 115th 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.