Sub-Saharan Africa (IDA & IBRD countries) vs United States: Insurance and financial services
Insurance and financial services over time
- Sub-Saharan Africa (IDA & IBRD countries)
- United States
How they compare
United States currently reports 19.8% against 8.7% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 11.1%.
That makes United States's figure about 2.3 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 9 times across 47 shared years of data; in 1978 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Sub-Saharan Africa (IDA & IBRD countries) ranks 13th and United States ranks 12th of 45 groups.
Across the 6 decades both report, Sub-Saharan Africa (IDA & IBRD countries) averaged higher in 2 and United States in 4.
Head to head by decade
| Decade | Sub-Saharan Africa (IDA & IBRD countries) | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.4% | 2.1% | 4.4% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1980s | 4.7% | 4.2% | 0.5% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 4.2% | 4.5% | 0.2% | United States |
| 2000s | 3.9% | 14.3% | 10.4% | United States |
| 2010s | 4.9% | 17.7% | 12.7% | United States |
| 2020s | 8.7% | 21.0% | 12.3% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Sub-Saharan Africa (IDA & IBRD countries) or United States?
- United States, at 19.8% against 8.7% in Sub-Saharan Africa (IDA & IBRD countries) as of 2025.
- What is the difference in insurance and financial services between Sub-Saharan Africa (IDA & IBRD countries) and United States?
- 11.1%, with United States ahead.
- How many years of comparable data are there for Sub-Saharan Africa (IDA & IBRD countries) and United States?
- 47 years are reported by both, from 1978 to 2024.
- How do Sub-Saharan Africa (IDA & IBRD countries) and United States rank globally for insurance and financial services?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 13th and United States ranks 12th 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.