Denmark vs Papua New Guinea: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Denmark
- Papua New Guinea
How they compare
Papua New Guinea currently reports 2.1% against 1.9% in Denmark, a difference of 0.2%.
That makes Papua New Guinea's figure about 1.1 times Denmark's.
Across all 34 years both countries report, Papua New Guinea has been ahead every year.
Denmark ranks 177th and Papua New Guinea ranks 174th of 197 countries.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Denmark | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.8% | 4.5% | 2.6% | Papua New Guinea |
| 1980s | 1.7% | 4.2% | 2.5% | Papua New Guinea |
| 1990s | 1.7% | 3.4% | 1.7% | Papua New Guinea |
| 2000s | 1.8% | 13.7% | 11.9% | Papua New Guinea |
| 2010s | 1.8% | 5.2% | 3.4% | Papua New Guinea |
| 2020s | 1.6% | 3.4% | 1.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Denmark or Papua New Guinea?
- Papua New Guinea, at 2.1% against 1.9% in Denmark as of 2024.
- What is the difference in insurance and financial services between Denmark and Papua New Guinea?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Denmark and Papua New Guinea?
- 34 years are reported by both, from 1976 to 2024.
- How do Denmark and Papua New Guinea rank globally for insurance and financial services?
- Denmark ranks 177th and Papua New Guinea ranks 174th 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.