Latvia vs San Marino: Insurance and financial services
Insurance and financial services over time
- Latvia
- San Marino
How they compare
San Marino currently reports 3.2% against 3.0% in Latvia, a difference of 0.2%.
That makes San Marino's figure about 1.1 times Latvia's.
Across all 7 years both countries report, Latvia has been ahead every year.
Latvia ranks 156th and San Marino ranks 153rd of 197 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | San Marino | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.7% | 2.3% | 3.3% | Latvia |
| 2020s | 3.8% | 2.7% | 1.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latvia or San Marino?
- San Marino, at 3.2% against 3.0% in Latvia as of 2023.
- What is the difference in insurance and financial services between Latvia and San Marino?
- 0.2%, with San Marino ahead.
- How many years of comparable data are there for Latvia and San Marino?
- 7 years are reported by both, from 2017 to 2023.
- How do Latvia and San Marino rank globally for insurance and financial services?
- Latvia ranks 156th and San Marino ranks 153rd 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.