Bangladesh vs South Africa: Insurance and financial services

Bangladesh
5.5%
in 2025
South Africa
5.6%
in 2025
Bangladesh rank
110th
South Africa rank
108th

Insurance and financial services over time

  • Bangladesh
  • South Africa
051015196019922025

How they compare

South Africa currently reports 5.6% against 5.5% in Bangladesh, a difference of 0.1%.

The two have swapped places 4 times across 50 shared years of data; in 1976 it was South Africa ahead.

Bangladesh ranks 110th and South Africa ranks 108th of 197 countries.

Across the 6 decades both report, Bangladesh averaged higher in 3 and South Africa in 3.

Head to head by decade

Decade Bangladesh South Africa Difference Ahead
1970s 6.2% 13.7% 7.5% South Africa
1980s 5.4% 11.8% 6.4% South Africa
1990s 6.1% 8.9% 2.8% South Africa
2000s 6.0% 4.6% 1.4% Bangladesh
2010s 8.4% 3.4% 5.0% Bangladesh
2020s 7.1% 5.3% 1.8% Bangladesh

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bangladesh or South Africa?
South Africa, at 5.6% against 5.5% in Bangladesh as of 2025.
What is the difference in insurance and financial services between Bangladesh and South Africa?
0.1%, with South Africa ahead.
How many years of comparable data are there for Bangladesh and South Africa?
50 years are reported by both, from 1976 to 2025.
How do Bangladesh and South Africa rank globally for insurance and financial services?
Bangladesh ranks 110th and South Africa ranks 108th of 197 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bangladesh vs South Africa: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/bangladesh/south-africa/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 data points, 1960–2025
Last refreshed

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.