New Caledonia vs Vanuatu: Insurance and financial services
Insurance and financial services over time
- New Caledonia
- Vanuatu
How they compare
Vanuatu currently reports 4.8% against 4.5% in New Caledonia, a difference of 0.3%.
That makes Vanuatu's figure about 1.1 times New Caledonia's.
The two have swapped places 2 times across 15 shared years of data; in 2002 it was New Caledonia ahead.
New Caledonia ranks 122nd and Vanuatu ranks 119th of 197 countries.
Vanuatu has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Caledonia | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.2% | 5.2% | 1.9% | Vanuatu |
| 2010s | 3.8% | 6.9% | 3.1% | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, New Caledonia or Vanuatu?
- Vanuatu, at 4.8% against 4.5% in New Caledonia as of 2022.
- What is the difference in insurance and financial services between New Caledonia and Vanuatu?
- 0.3%, with Vanuatu ahead.
- How many years of comparable data are there for New Caledonia and Vanuatu?
- 15 years are reported by both, from 2002 to 2016.
- How do New Caledonia and Vanuatu rank globally for insurance and financial services?
- New Caledonia ranks 122nd and Vanuatu ranks 119th 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.
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.