Latvia vs Micronesia (country): Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Latvia
- Micronesia (country)
How they compare
Latvia currently reports 3.0% against 2.8% in Micronesia (country), a difference of 0.2%.
That makes Latvia's figure about 1.1 times Micronesia (country)'s.
Across all 6 years both countries report, Latvia has been ahead every year.
Latvia ranks 153rd and Micronesia (country) ranks 156th of 197 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.2% | 2.3% | 6.9% | Latvia |
| 2010s | 9.2% | 2.8% | 6.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latvia or Micronesia (country)?
- Latvia, at 3.0% against 2.8% in Micronesia (country) as of 2025.
- What is the difference in insurance and financial services between Latvia and Micronesia (country)?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Micronesia (country)?
- 6 years are reported by both, from 2009 to 2014.
- How do Latvia and Micronesia (country) rank globally for insurance and financial services?
- Latvia ranks 153rd and Micronesia (country) ranks 156th 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.