Palau vs Paraguay: Insurance and financial services
Insurance and financial services over time
- Palau
- Paraguay
How they compare
Palau currently reports 6.4% against 6.3% in Paraguay, a difference of 0.1%.
The two have swapped places 6 times across 19 shared years of data; in 2005 it was Paraguay ahead.
Palau ranks 97th and Paraguay ranks 100th of 197 countries.
Across the 3 decades both report, Palau averaged higher in 1 and Paraguay in 2.
Head to head by decade
| Decade | Palau | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 11.6% | 9.0% | Paraguay |
| 2010s | 4.1% | 7.7% | 3.7% | Paraguay |
| 2020s | 7.9% | 7.1% | 0.8% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Palau or Paraguay?
- Palau, at 6.4% against 6.3% in Paraguay as of 2023.
- What is the difference in insurance and financial services between Palau and Paraguay?
- 0.1%, with Palau ahead.
- How many years of comparable data are there for Palau and Paraguay?
- 19 years are reported by both, from 2005 to 2023.
- How do Palau and Paraguay rank globally for insurance and financial services?
- Palau ranks 97th and Paraguay ranks 100th 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.