Colombia vs South Asia (IDA & IBRD): Insurance and financial services
Insurance and financial services over time
- Colombia
- South Asia (IDA & IBRD)
How they compare
Colombia currently reports 10.7% against 3.2% in South Asia (IDA & IBRD), a difference of 7.5%.
That makes Colombia's figure about 3.3 times South Asia (IDA & IBRD)'s.
Across all 51 years both countries report, Colombia has been ahead every year.
Colombia ranks 45th and South Asia (IDA & IBRD) ranks 46th of 197 countries.
Colombia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Colombia | South Asia (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.5% | 5.6% | 2.9% | Colombia |
| 1980s | 12.9% | 5.1% | 7.8% | Colombia |
| 1990s | 12.5% | 5.6% | 6.8% | Colombia |
| 2000s | 13.0% | 8.8% | 4.2% | Colombia |
| 2010s | 13.6% | 7.6% | 6.0% | Colombia |
| 2020s | 14.4% | 5.0% | 9.4% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Colombia or South Asia (IDA & IBRD)?
- Colombia, at 10.7% against 3.2% in South Asia (IDA & IBRD) as of 2025.
- What is the difference in insurance and financial services between Colombia and South Asia (IDA & IBRD)?
- 7.5%, with Colombia ahead.
- How many years of comparable data are there for Colombia and South Asia (IDA & IBRD)?
- 51 years are reported by both, from 1975 to 2025.
- How do Colombia and South Asia (IDA & IBRD) rank globally for insurance and financial services?
- Colombia ranks 45th and South Asia (IDA & IBRD) ranks 46th 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.