Solomon Islands vs Venezuela: Insurance and financial services
Insurance and financial services over time
- Solomon Islands
- Venezuela
How they compare
Solomon Islands currently reports 4.2% against 4.0% in Venezuela, a difference of 0.2%.
The two have swapped places 22 times across 42 shared years of data; in 1975 it was Solomon Islands ahead.
Solomon Islands ranks 131st and Venezuela ranks 134th of 197 countries.
Across the 5 decades both report, Solomon Islands averaged higher in 2 and Venezuela in 3.
Head to head by decade
| Decade | Solomon Islands | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.3% | 5.4% | 0.1% | Venezuela |
| 1980s | 4.1% | 4.5% | 0.4% | Venezuela |
| 1990s | 4.2% | 3.8% | 0.4% | Solomon Islands |
| 2000s | 8.1% | 7.9% | 0.2% | Solomon Islands |
| 2010s | 4.8% | 6.0% | 1.3% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Solomon Islands or Venezuela?
- Solomon Islands, at 4.2% against 4.0% in Venezuela as of 2024.
- What is the difference in insurance and financial services between Solomon Islands and Venezuela?
- 0.2%, with Solomon Islands ahead.
- How many years of comparable data are there for Solomon Islands and Venezuela?
- 42 years are reported by both, from 1975 to 2016.
- How do Solomon Islands and Venezuela rank globally for insurance and financial services?
- Solomon Islands ranks 131st and Venezuela ranks 134th 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.