Iceland vs Jamaica: Insurance and financial services
Insurance and financial services over time
- Iceland
- Jamaica
How they compare
Jamaica currently reports 6.3% against 6.2% in Iceland, a difference of 0.1%.
The two have swapped places 4 times across 35 shared years of data; in 1976 it was Jamaica ahead.
Iceland ranks 101st and Jamaica ranks 99th of 197 countries.
Jamaica has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.8% | 14.4% | 6.7% | Jamaica |
| 1980s | 5.4% | 9.7% | 4.2% | Jamaica |
| 1990s | 3.7% | 7.3% | 3.6% | Jamaica |
| 2000s | 5.7% | 11.0% | 5.3% | Jamaica |
| 2010s | 5.1% | 9.0% | 3.8% | Jamaica |
| 2020s | 4.4% | 6.6% | 2.2% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Iceland or Jamaica?
- Jamaica, at 6.3% against 6.2% in Iceland as of 2024.
- What is the difference in insurance and financial services between Iceland and Jamaica?
- 0.1%, with Jamaica ahead.
- How many years of comparable data are there for Iceland and Jamaica?
- 35 years are reported by both, from 1976 to 2024.
- How do Iceland and Jamaica rank globally for insurance and financial services?
- Iceland ranks 101st and Jamaica ranks 99th 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.