Sierra Leone vs United Kingdom: Insurance and financial services
Insurance and financial services over time
- Sierra Leone
- United Kingdom
How they compare
Sierra Leone currently reports 10.1% against 9.8% in United Kingdom, a difference of 0.3%.
The two have swapped places 12 times across 39 shared years of data; in 1986 it was Sierra Leone ahead.
Sierra Leone ranks 52nd and United Kingdom ranks 55th of 197 countries.
Across the 5 decades both report, Sierra Leone averaged higher in 3 and United Kingdom in 2.
Head to head by decade
| Decade | Sierra Leone | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.5% | 2.1% | 7.4% | Sierra Leone |
| 1990s | 4.7% | 4.3% | 0.4% | Sierra Leone |
| 2000s | 7.8% | 8.6% | 0.8% | United Kingdom |
| 2010s | 6.8% | 9.6% | 2.8% | United Kingdom |
| 2020s | 14.0% | 10.0% | 4.0% | Sierra Leone |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Sierra Leone or United Kingdom?
- Sierra Leone, at 10.1% against 9.8% in United Kingdom as of 2024.
- What is the difference in insurance and financial services between Sierra Leone and United Kingdom?
- 0.3%, with Sierra Leone ahead.
- How many years of comparable data are there for Sierra Leone and United Kingdom?
- 39 years are reported by both, from 1986 to 2024.
- How do Sierra Leone and United Kingdom rank globally for insurance and financial services?
- Sierra Leone ranks 52nd and United Kingdom ranks 55th 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.