Guinea vs Venezuela: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Guinea
- Venezuela
How they compare
Venezuela currently reports 8.3% against 7.9% in Guinea, a difference of 0.4%.
The two have swapped places 16 times across 39 shared years of data; in 1986 it was Guinea ahead.
Guinea ranks 75th and Venezuela ranks 72nd of 197 countries.
Across the 5 decades both report, Guinea averaged higher in 4 and Venezuela in 1.
Head to head by decade
| Decade | Guinea | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.6% | 4.5% | 1.1% | Guinea |
| 1990s | 5.4% | 3.8% | 1.6% | Guinea |
| 2000s | 7.0% | 7.9% | 0.9% | Venezuela |
| 2010s | 10.4% | 7.8% | 2.6% | Guinea |
| 2020s | 9.9% | 7.6% | 2.4% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Guinea or Venezuela?
- Venezuela, at 8.3% against 7.9% in Guinea as of 2025.
- What is the difference in insurance and financial services between Guinea and Venezuela?
- 0.4%, with Venezuela ahead.
- How many years of comparable data are there for Guinea and Venezuela?
- 39 years are reported by both, from 1986 to 2024.
- How do Guinea and Venezuela rank globally for insurance and financial services?
- Guinea ranks 75th and Venezuela ranks 72nd 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.