IDA only vs Saint Vincent and the Grenadines: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- IDA only
- Saint Vincent and the Grenadines
How they compare
Saint Vincent and the Grenadines currently reports 13.5% against 7.8% in IDA only, a difference of 5.7%.
That makes Saint Vincent and the Grenadines's figure about 1.7 times IDA only's.
The two have swapped places 2 times across 45 shared years of data; in 1978 it was Saint Vincent and the Grenadines ahead.
IDA only ranks 24th and Saint Vincent and the Grenadines ranks 24th of 47 groups.
Across the 6 decades both report, IDA only averaged higher in 2 and Saint Vincent and the Grenadines in 4.
Head to head by decade
| Decade | IDA only | Saint Vincent and the Grenadines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.4% | 5.1% | 0.3% | IDA only |
| 1980s | 6.3% | 6.0% | 0.2% | IDA only |
| 1990s | 5.4% | 8.2% | 2.8% | Saint Vincent and the Grenadines |
| 2000s | 5.5% | 10.8% | 5.2% | Saint Vincent and the Grenadines |
| 2010s | 6.7% | 11.5% | 4.7% | Saint Vincent and the Grenadines |
| 2020s | 7.6% | 15.0% | 7.4% | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA only or Saint Vincent and the Grenadines?
- Saint Vincent and the Grenadines, at 13.5% against 7.8% in IDA only as of 2025.
- What is the difference in insurance and financial services between IDA only and Saint Vincent and the Grenadines?
- 5.7%, with Saint Vincent and the Grenadines ahead.
- How many years of comparable data are there for IDA only and Saint Vincent and the Grenadines?
- 45 years are reported by both, from 1978 to 2024.
- How do IDA only and Saint Vincent and the Grenadines rank globally for insurance and financial services?
- IDA only ranks 24th and Saint Vincent and the Grenadines ranks 24th of 47 groups.
- 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.