Central Europe and the Baltics vs Colombia: Insurance and financial services
Insurance and financial services over time
- Central Europe and the Baltics
- Colombia
How they compare
Colombia currently reports 10.7% against 5.1% in Central Europe and the Baltics, a difference of 5.6%.
That makes Colombia's figure about 2.1 times Central Europe and the Baltics's.
Across all 33 years both countries report, Colombia has been ahead every year.
Central Europe and the Baltics ranks 42nd and Colombia ranks 45th of 47 groups.
Colombia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Central Europe and the Baltics | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.4% | 12.1% | 4.8% | Colombia |
| 2000s | 6.7% | 13.0% | 6.2% | Colombia |
| 2010s | 5.8% | 13.6% | 7.9% | Colombia |
| 2020s | 5.0% | 14.4% | 9.3% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Central Europe and the Baltics or Colombia?
- Colombia, at 10.7% against 5.1% in Central Europe and the Baltics as of 2025.
- What is the difference in insurance and financial services between Central Europe and the Baltics and Colombia?
- 5.6%, with Colombia ahead.
- How many years of comparable data are there for Central Europe and the Baltics and Colombia?
- 33 years are reported by both, from 1993 to 2025.
- How do Central Europe and the Baltics and Colombia rank globally for insurance and financial services?
- Central Europe and the Baltics ranks 42nd and Colombia ranks 45th of 47 groups.
- 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.