Panama vs Saint Kitts and Nevis: Insurance and financial services
Insurance and financial services over time
- Panama
- Saint Kitts and Nevis
How they compare
Saint Kitts and Nevis currently reports 18.5% against 17.8% in Panama, a difference of 0.7%.
The two have swapped places 9 times across 46 shared years of data; in 1980 it was Panama ahead.
Panama ranks 13th and Saint Kitts and Nevis ranks 11th of 197 countries.
Across the 5 decades both report, Panama averaged higher in 4 and Saint Kitts and Nevis in 1.
Head to head by decade
| Decade | Panama | Saint Kitts and Nevis | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.5% | 6.4% | 4.0% | Panama |
| 1990s | 10.0% | 9.6% | 0.4% | Panama |
| 2000s | 15.6% | 11.7% | 3.8% | Panama |
| 2010s | 15.1% | 9.2% | 5.9% | Panama |
| 2020s | 14.6% | 17.3% | 2.7% | Saint Kitts and Nevis |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Panama or Saint Kitts and Nevis?
- Saint Kitts and Nevis, at 18.5% against 17.8% in Panama as of 2025.
- What is the difference in insurance and financial services between Panama and Saint Kitts and Nevis?
- 0.7%, with Saint Kitts and Nevis ahead.
- How many years of comparable data are there for Panama and Saint Kitts and Nevis?
- 46 years are reported by both, from 1980 to 2025.
- How do Panama and Saint Kitts and Nevis rank globally for insurance and financial services?
- Panama ranks 13th and Saint Kitts and Nevis ranks 11th 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.