IDA total vs Nicaragua: Insurance and financial services
Insurance and financial services over time
- IDA total
- Nicaragua
How they compare
Nicaragua currently reports 16.3% against 8.4% in IDA total, a difference of 7.9%.
That makes Nicaragua's figure about 1.9 times IDA total's.
The two have swapped places 8 times across 48 shared years of data; in 1977 it was Nicaragua ahead.
IDA total ranks 19th and Nicaragua ranks 17th of 47 groups.
Across the 6 decades both report, IDA total averaged higher in 2 and Nicaragua in 4.
Head to head by decade
| Decade | IDA total | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.0% | -4.9% | 9.9% | IDA total |
| 1980s | 5.5% | 5.9% | 0.4% | Nicaragua |
| 1990s | 5.0% | 4.5% | 0.6% | IDA total |
| 2000s | 5.5% | 9.0% | 3.4% | Nicaragua |
| 2010s | 6.4% | 10.4% | 4.0% | Nicaragua |
| 2020s | 7.7% | 16.5% | 8.9% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA total or Nicaragua?
- Nicaragua, at 16.3% against 8.4% in IDA total as of 2024.
- What is the difference in insurance and financial services between IDA total and Nicaragua?
- 7.9%, with Nicaragua ahead.
- How many years of comparable data are there for IDA total and Nicaragua?
- 48 years are reported by both, from 1977 to 2024.
- How do IDA total and Nicaragua rank globally for insurance and financial services?
- IDA total ranks 19th and Nicaragua ranks 17th 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.
Individual pages
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.