Congo vs Lao People's Democratic Republic: Insurance and financial services
Insurance and financial services over time
- Congo
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 2.1% against 2.1% in Congo, a difference of 0.0%.
The two have swapped places 7 times across 34 shared years of data; in 1984 it was Congo ahead.
Congo ranks 176th and Lao People's Democratic Republic ranks 175th of 197 countries.
Across the 5 decades both report, Congo averaged higher in 3 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | Congo | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.7% | 4.3% | 0.3% | Congo |
| 1990s | 3.2% | 3.9% | 0.7% | Lao People's Democratic Republic |
| 2000s | 6.1% | -16.0% | 22.1% | Congo |
| 2010s | 4.6% | 4.1% | 0.5% | Congo |
| 2020s | 2.9% | 5.5% | 2.6% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Congo or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 2.1% against 2.1% in Congo as of 2024.
- What is the difference in insurance and financial services between Congo and Lao People's Democratic Republic?
- 0.0%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Congo and Lao People's Democratic Republic?
- 34 years are reported by both, from 1984 to 2021.
- How do Congo and Lao People's Democratic Republic rank globally for insurance and financial services?
- Congo ranks 176th and Lao People's Democratic Republic ranks 175th 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.