Gambia vs High income: Insurance and financial services
Insurance and financial services over time
- Gambia
- High income
How they compare
Gambia currently reports 19.8% against 10.8% in High income, a difference of 9.0%.
That makes Gambia's figure about 1.8 times High income's.
The two have swapped places 2 times across 35 shared years of data; in 1982 it was Gambia ahead.
Gambia ranks 8th and High income ranks 9th of 197 countries.
Across the 5 decades both report, Gambia averaged higher in 4 and High income in 1.
Head to head by decade
| Decade | Gambia | High income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.0% | 4.6% | 3.4% | Gambia |
| 1990s | 6.5% | 5.3% | 1.2% | Gambia |
| 2000s | 8.5% | 9.3% | 0.8% | High income |
| 2010s | 11.2% | 9.4% | 1.8% | Gambia |
| 2020s | 14.7% | 10.7% | 4.0% | Gambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Gambia or High income?
- Gambia, at 19.8% against 10.8% in High income as of 2024.
- What is the difference in insurance and financial services between Gambia and High income?
- 9.0%, with Gambia ahead.
- How many years of comparable data are there for Gambia and High income?
- 35 years are reported by both, from 1982 to 2024.
- How do Gambia and High income rank globally for insurance and financial services?
- Gambia ranks 8th and High income ranks 9th 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.