Grenada vs Türkiye: Insurance and financial services
Insurance and financial services over time
- Grenada
- Türkiye
How they compare
Grenada currently reports 9.1% against 8.9% in Türkiye, a difference of 0.2%.
The two have swapped places 12 times across 40 shared years of data; in 1977 it was Grenada ahead.
Grenada ranks 61st and Türkiye ranks 63rd of 197 countries.
Across the 6 decades both report, Grenada averaged higher in 3 and Türkiye in 3.
Head to head by decade
| Decade | Grenada | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.1% | 4.6% | 0.6% | Grenada |
| 1980s | 4.3% | 3.5% | 0.8% | Grenada |
| 1990s | 9.6% | 9.3% | 0.3% | Grenada |
| 2000s | 11.7% | 14.5% | 2.8% | Türkiye |
| 2010s | 9.2% | 12.4% | 3.2% | Türkiye |
| 2020s | 9.4% | 9.5% | 0.1% | Türkiye |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Grenada or Türkiye?
- Grenada, at 9.1% against 8.9% in Türkiye as of 2025.
- What is the difference in insurance and financial services between Grenada and Türkiye?
- 0.2%, with Grenada ahead.
- How many years of comparable data are there for Grenada and Türkiye?
- 40 years are reported by both, from 1977 to 2024.
- How do Grenada and Türkiye rank globally for insurance and financial services?
- Grenada ranks 61st and Türkiye ranks 63rd 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.