Small states vs Saint Vincent and the Grenadines: Insurance and financial services
Insurance and financial services over time
- Small states
- Saint Vincent and the Grenadines
How they compare
Saint Vincent and the Grenadines currently reports 13.5% against 7.8% in Small states, a difference of 5.7%.
That makes Saint Vincent and the Grenadines's figure about 1.7 times Small states's.
The two have swapped places 8 times across 30 shared years of data; in 1992 it was Saint Vincent and the Grenadines ahead.
Small states ranks 27th and Saint Vincent and the Grenadines ranks 26th of 47 groups.
Saint Vincent and the Grenadines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Small states | Saint Vincent and the Grenadines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.2% | 7.3% | 1.1% | Saint Vincent and the Grenadines |
| 2000s | 7.5% | 10.5% | 3.1% | Saint Vincent and the Grenadines |
| 2010s | 9.6% | 11.5% | 1.9% | Saint Vincent and the Grenadines |
| 2020s | 8.9% | 15.0% | 6.1% | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Small states or Saint Vincent and the Grenadines?
- Saint Vincent and the Grenadines, at 13.5% against 7.8% in Small states as of 2025.
- What is the difference in insurance and financial services between Small states and Saint Vincent and the Grenadines?
- 5.7%, with Saint Vincent and the Grenadines ahead.
- How many years of comparable data are there for Small states and Saint Vincent and the Grenadines?
- 30 years are reported by both, from 1992 to 2024.
- How do Small states and Saint Vincent and the Grenadines rank globally for insurance and financial services?
- Small states ranks 27th and Saint Vincent and the Grenadines ranks 26th of 47 groups.
- 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.