Sub-Saharan Africa (excluding high income) vs Switzerland: Insurance and financial services
Insurance and financial services over time
- Sub-Saharan Africa (excluding high income)
- Switzerland
How they compare
Switzerland currently reports 21.0% against 8.7% in Sub-Saharan Africa (excluding high income), a difference of 12.3%.
That makes Switzerland's figure about 2.4 times Sub-Saharan Africa (excluding high income)'s.
The two have swapped places 1 time across 47 shared years of data; in 1978 it was Sub-Saharan Africa (excluding high income) ahead.
Sub-Saharan Africa (excluding high income) ranks 13th and Switzerland ranks 10th of 45 groups.
Across the 6 decades both report, Sub-Saharan Africa (excluding high income) averaged higher in 1 and Switzerland in 5.
Head to head by decade
| Decade | Sub-Saharan Africa (excluding high income) | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.4% | 5.2% | 1.3% | Sub-Saharan Africa (excluding high income) |
| 1980s | 4.7% | 17.1% | 12.4% | Switzerland |
| 1990s | 4.3% | 29.3% | 25.0% | Switzerland |
| 2000s | 3.9% | 35.6% | 31.6% | Switzerland |
| 2010s | 4.9% | 24.2% | 19.3% | Switzerland |
| 2020s | 8.7% | 22.0% | 13.3% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Sub-Saharan Africa (excluding high income) or Switzerland?
- Switzerland, at 21.0% against 8.7% in Sub-Saharan Africa (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Sub-Saharan Africa (excluding high income) and Switzerland?
- 12.3%, with Switzerland ahead.
- How many years of comparable data are there for Sub-Saharan Africa (excluding high income) and Switzerland?
- 47 years are reported by both, from 1978 to 2024.
- How do Sub-Saharan Africa (excluding high income) and Switzerland rank globally for insurance and financial services?
- Sub-Saharan Africa (excluding high income) ranks 13th and Switzerland ranks 10th 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.