Micronesia, Federated States of vs Tonga: Insurance and financial services
Insurance and financial services over time
- Micronesia, Federated States of
- Tonga
How they compare
Tonga currently reports 2.8% against 2.8% in Micronesia, Federated States of, a difference of 0.0%.
Across all 6 years both countries report, Tonga has been ahead every year.
Micronesia, Federated States of ranks 160th and Tonga ranks 159th of 197 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.3% | 7.1% | 4.8% | Tonga |
| 2010s | 2.8% | 6.8% | 4.0% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Micronesia, Federated States of or Tonga?
- Tonga, at 2.8% against 2.8% in Micronesia, Federated States of as of 2024.
- What is the difference in insurance and financial services between Micronesia, Federated States of and Tonga?
- 0.0%, with Tonga ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Tonga?
- 6 years are reported by both, from 2009 to 2014.
- How do Micronesia, Federated States of and Tonga rank globally for insurance and financial services?
- Micronesia, Federated States of ranks 160th and Tonga ranks 159th 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.