Dominican Republic vs Low income: Insurance and financial services
Insurance and financial services over time
- Dominican Republic
- Low income
How they compare
Dominican Republic currently reports 12.3% against 6.4% in Low income, a difference of 5.9%.
That makes Dominican Republic's figure about 1.9 times Low income's.
Across all 18 years both countries report, Dominican Republic has been ahead every year.
Dominican Republic ranks 34th and Low income ranks 32nd of 197 countries.
Dominican Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Dominican Republic | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.2% | 6.8% | 1.4% | Dominican Republic |
| 2010s | 17.0% | 7.0% | 10.0% | Dominican Republic |
| 2020s | 15.9% | 7.3% | 8.6% | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Dominican Republic or Low income?
- Dominican Republic, at 12.3% against 6.4% in Low income as of 2025.
- What is the difference in insurance and financial services between Dominican Republic and Low income?
- 5.9%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Low income?
- 18 years are reported by both, from 2005 to 2022.
- How do Dominican Republic and Low income rank globally for insurance and financial services?
- Dominican Republic ranks 34th and Low income ranks 32nd 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.