Canada vs Liberia: Insurance and financial services
Insurance and financial services over time
- Canada
- Liberia
How they compare
Liberia currently reports 9.2% against 9.0% in Canada, a difference of 0.2%.
The two have swapped places 3 times across 28 shared years of data; in 1981 it was Liberia ahead.
Canada ranks 62nd and Liberia ranks 60th of 197 countries.
Across the 4 decades both report, Canada averaged higher in 3 and Liberia in 1.
Head to head by decade
| Decade | Canada | Liberia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.0% | 5.9% | 3.0% | Canada |
| 2000s | 9.2% | 2.8% | 6.4% | Canada |
| 2010s | 10.1% | 12.6% | 2.6% | Liberia |
| 2020s | 11.4% | 7.7% | 3.8% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Canada or Liberia?
- Liberia, at 9.2% against 9.0% in Canada as of 2024.
- What is the difference in insurance and financial services between Canada and Liberia?
- 0.2%, with Liberia ahead.
- How many years of comparable data are there for Canada and Liberia?
- 28 years are reported by both, from 1981 to 2024.
- How do Canada and Liberia rank globally for insurance and financial services?
- Canada ranks 62nd and Liberia ranks 60th 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.