Canada vs South Africa: Insurance and financial services
Insurance and financial services over time
- Canada
- South Africa
How they compare
Canada currently reports 9.7% against 9.7% in South Africa, a difference of 0.0%.
The two have swapped places 9 times across 45 shared years of data; in 1981 it was South Africa ahead.
Canada ranks 33rd and South Africa ranks 34th of 190 countries.
Across the 5 decades both report, Canada averaged higher in 4 and South Africa in 1.
Head to head by decade
| Decade | Canada | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.5% | 8.7% | 1.9% | Canada |
| 1990s | 8.4% | 8.3% | 0.0% | Canada |
| 2000s | 7.1% | 6.2% | 0.9% | Canada |
| 2010s | 10.2% | 7.5% | 2.7% | Canada |
| 2020s | 10.3% | 10.6% | 0.4% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Canada or South Africa?
- Canada, at 9.7% against 9.7% in South Africa as of 2025.
- What is the difference in insurance and financial services between Canada and South Africa?
- 0.0%, with Canada ahead.
- How many years of comparable data are there for Canada and South Africa?
- 45 years are reported by both, from 1981 to 2025.
- How do Canada and South Africa rank globally for insurance and financial services?
- Canada ranks 33rd and South Africa ranks 34th of 190 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 service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.