Tanzania vs Venezuela: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Tanzania
- Venezuela
How they compare
Venezuela currently reports 8.3% against 8.1% in Tanzania, a difference of 0.2%.
The two have swapped places 3 times across 49 shared years of data; in 1976 it was Venezuela ahead.
Tanzania ranks 73rd and Venezuela ranks 72nd of 197 countries.
Across the 6 decades both report, Tanzania averaged higher in 3 and Venezuela in 3.
Head to head by decade
| Decade | Tanzania | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.0% | 5.3% | 0.7% | Tanzania |
| 1980s | 6.3% | 4.5% | 1.8% | Tanzania |
| 1990s | 4.3% | 3.8% | 0.5% | Tanzania |
| 2000s | 4.5% | 7.9% | 3.4% | Venezuela |
| 2010s | 3.1% | 7.8% | 4.7% | Venezuela |
| 2020s | 6.7% | 7.6% | 0.9% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Tanzania or Venezuela?
- Venezuela, at 8.3% against 8.1% in Tanzania as of 2025.
- What is the difference in insurance and financial services between Tanzania and Venezuela?
- 0.2%, with Venezuela ahead.
- How many years of comparable data are there for Tanzania and Venezuela?
- 49 years are reported by both, from 1976 to 2024.
- How do Tanzania and Venezuela rank globally for insurance and financial services?
- Tanzania ranks 73rd and Venezuela ranks 72nd 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.