Africa Western and Central vs Japan: Insurance and financial services
Insurance and financial services over time
- Africa Western and Central
- Japan
How they compare
Japan currently reports 12.7% against 8.0% in Africa Western and Central, a difference of 4.7%.
That makes Japan's figure about 1.6 times Africa Western and Central's.
The two have swapped places 5 times across 27 shared years of data; in 1996 it was Africa Western and Central ahead.
Africa Western and Central ranks 28th and Japan ranks 29th of 47 groups.
Across the 4 decades both report, Africa Western and Central averaged higher in 1 and Japan in 3.
Head to head by decade
| Decade | Africa Western and Central | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.0% | 4.0% | 1.0% | Africa Western and Central |
| 2000s | 4.3% | 4.4% | 0.1% | Japan |
| 2010s | 5.1% | 6.4% | 1.3% | Japan |
| 2020s | 6.6% | 11.3% | 4.7% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Africa Western and Central or Japan?
- Japan, at 12.7% against 8.0% in Africa Western and Central as of 2025.
- What is the difference in insurance and financial services between Africa Western and Central and Japan?
- 4.7%, with Japan ahead.
- How many years of comparable data are there for Africa Western and Central and Japan?
- 27 years are reported by both, from 1996 to 2024.
- How do Africa Western and Central and Japan rank globally for insurance and financial services?
- Africa Western and Central ranks 28th and Japan ranks 29th of 47 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 imports, 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 imports which are services provided by non-residents to residents.