Europe & Central Asia (excluding high income) vs South Africa: Insurance and financial services
Insurance and financial services over time
- Europe & Central Asia (excluding high income)
- South Africa
How they compare
South Africa currently reports 9.7% against 2.8% in Europe & Central Asia (excluding high income), a difference of 6.9%.
That makes South Africa's figure about 3.5 times Europe & Central Asia (excluding high income)'s.
Across all 31 years both countries report, South Africa has been ahead every year.
Europe & Central Asia (excluding high income) ranks 37th and South Africa ranks 34th of 45 groups.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.8% | 9.1% | 7.3% | South Africa |
| 2000s | 2.1% | 6.2% | 4.0% | South Africa |
| 2010s | 2.0% | 7.5% | 5.5% | South Africa |
| 2020s | 2.4% | 10.8% | 8.5% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Europe & Central Asia (excluding high income) or South Africa?
- South Africa, at 9.7% against 2.8% in Europe & Central Asia (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Europe & Central Asia (excluding high income) and South Africa?
- 6.9%, with South Africa ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and South Africa?
- 31 years are reported by both, from 1994 to 2024.
- How do Europe & Central Asia (excluding high income) and South Africa rank globally for insurance and financial services?
- Europe & Central Asia (excluding high income) ranks 37th and South Africa ranks 34th of 45 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 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.