Ghana vs Oman: Insurance and financial services
Insurance and financial services over time
- Ghana
- Oman
How they compare
Oman currently reports 14.5% against 14.5% in Ghana, a difference of 0.0%.
The two have swapped places 6 times across 50 shared years of data; in 1975 it was Oman ahead.
Ghana ranks 21st and Oman ranks 20th of 197 countries.
Across the 6 decades both report, Ghana averaged higher in 2 and Oman in 4.
Head to head by decade
| Decade | Ghana | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.2% | 6.3% | 2.2% | Oman |
| 1980s | 6.1% | 4.1% | 2.0% | Ghana |
| 1990s | 7.6% | 4.5% | 3.1% | Ghana |
| 2000s | 5.1% | 9.5% | 4.5% | Oman |
| 2010s | 2.7% | 12.5% | 9.8% | Oman |
| 2020s | 8.1% | 15.4% | 7.2% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Ghana or Oman?
- Oman, at 14.5% against 14.5% in Ghana as of 2024.
- What is the difference in insurance and financial services between Ghana and Oman?
- 0.0%, with Oman ahead.
- How many years of comparable data are there for Ghana and Oman?
- 50 years are reported by both, from 1975 to 2024.
- How do Ghana and Oman rank globally for insurance and financial services?
- Ghana ranks 21st and Oman ranks 20th 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.