East Asia & Pacific (excluding high income) vs Guatemala: Insurance and financial services
Insurance and financial services over time
- East Asia & Pacific (excluding high income)
- Guatemala
How they compare
Guatemala currently reports 10.9% against 4.2% in East Asia & Pacific (excluding high income), a difference of 6.7%.
That makes Guatemala's figure about 2.6 times East Asia & Pacific (excluding high income)'s.
The two have swapped places 8 times across 43 shared years of data; in 1982 it was Guatemala ahead.
East Asia & Pacific (excluding high income) ranks 43rd and Guatemala ranks 42nd of 47 groups.
Across the 5 decades both report, East Asia & Pacific (excluding high income) averaged higher in 1 and Guatemala in 4.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Guatemala | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.9% | 6.3% | 1.4% | Guatemala |
| 1990s | 5.8% | 5.5% | 0.3% | East Asia & Pacific (excluding high income) |
| 2000s | 7.1% | 10.8% | 3.6% | Guatemala |
| 2010s | 5.6% | 13.7% | 8.1% | Guatemala |
| 2020s | 5.5% | 12.9% | 7.4% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, East Asia & Pacific (excluding high income) or Guatemala?
- Guatemala, at 10.9% against 4.2% in East Asia & Pacific (excluding high income) as of 2024.
- What is the difference in insurance and financial services between East Asia & Pacific (excluding high income) and Guatemala?
- 6.7%, with Guatemala ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Guatemala?
- 43 years are reported by both, from 1982 to 2024.
- How do East Asia & Pacific (excluding high income) and Guatemala rank globally for insurance and financial services?
- East Asia & Pacific (excluding high income) ranks 43rd and Guatemala ranks 42nd 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.