Cape Verde vs Korea: Insurance and financial services
Insurance and financial services over time
- Cape Verde
- Korea
How they compare
Cape Verde currently reports 3.7% against 3.6% in Korea, a difference of 0.1%.
The two have swapped places 5 times across 38 shared years of data; in 1977 it was Korea ahead.
Cape Verde ranks 143rd and Korea ranks 146th of 197 countries.
Across the 6 decades both report, Cape Verde averaged higher in 4 and Korea in 2.
Head to head by decade
| Decade | Cape Verde | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.8% | 5.8% | 5.0% | Korea |
| 1980s | 1.0% | 1.7% | 0.7% | Korea |
| 1990s | 4.1% | 0.7% | 3.4% | Cape Verde |
| 2000s | 4.8% | 2.0% | 2.8% | Cape Verde |
| 2010s | 4.6% | 2.5% | 2.1% | Cape Verde |
| 2020s | 4.1% | 3.4% | 0.8% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cape Verde or Korea?
- Cape Verde, at 3.7% against 3.6% in Korea as of 2025.
- What is the difference in insurance and financial services between Cape Verde and Korea?
- 0.1%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Korea?
- 38 years are reported by both, from 1977 to 2025.
- How do Cape Verde and Korea rank globally for insurance and financial services?
- Cape Verde ranks 143rd and Korea ranks 146th 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.