Guinea-Bissau vs Sri Lanka: Insurance and financial services
Insurance and financial services over time
- Guinea-Bissau
- Sri Lanka
How they compare
Guinea-Bissau currently reports 3.9% against 3.8% in Sri Lanka, a difference of 0.1%.
The two have swapped places 1 time across 40 shared years of data; in 1982 it was Sri Lanka ahead.
Guinea-Bissau ranks 138th and Sri Lanka ranks 141st of 197 countries.
Sri Lanka has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.0% | 7.5% | 3.5% | Sri Lanka |
| 1990s | 4.7% | 5.9% | 1.2% | Sri Lanka |
| 2000s | 2.4% | 7.7% | 5.3% | Sri Lanka |
| 2010s | 4.4% | 11.0% | 6.7% | Sri Lanka |
| 2020s | 2.9% | 10.8% | 7.8% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guinea-Bissau or Sri Lanka?
- Guinea-Bissau, at 3.9% against 3.8% in Sri Lanka as of 2024.
- What is the difference in insurance and financial services between Guinea-Bissau and Sri Lanka?
- 0.1%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Sri Lanka?
- 40 years are reported by both, from 1982 to 2024.
- How do Guinea-Bissau and Sri Lanka rank globally for insurance and financial services?
- Guinea-Bissau ranks 138th and Sri Lanka ranks 141st 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.