Belize vs Sub-Saharan Africa (IDA & IBRD countries): Insurance and financial services

Belize
14.0%
in 2025
Sub-Saharan Africa (IDA & IBRD countries)
8.2%
in 2024
Belize rank
23rd
Sub-Saharan Africa (IDA & IBRD countries) rank
23rd

Insurance and financial services over time

  • Belize
  • Sub-Saharan Africa (IDA & IBRD countries)
510152025197720012025

How they compare

Belize currently reports 14.0% against 8.2% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 5.8%.

That makes Belize's figure about 1.7 times Sub-Saharan Africa (IDA & IBRD countries)'s.

The two have swapped places 1 time across 41 shared years of data; in 1984 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.

Belize ranks 23rd and Sub-Saharan Africa (IDA & IBRD countries) ranks 23rd of 197 countries.

Across the 5 decades both report, Belize averaged higher in 4 and Sub-Saharan Africa (IDA & IBRD countries) in 1.

Head to head by decade

Decade Belize Sub-Saharan Africa (IDA & IBRD countries) Difference Ahead
1980s 4.1% 6.2% 2.1% Sub-Saharan Africa (IDA & IBRD countries)
1990s 6.8% 5.5% 1.2% Belize
2000s 17.2% 4.9% 12.3% Belize
2010s 16.3% 5.0% 11.4% Belize
2020s 12.1% 6.8% 5.2% Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Belize or Sub-Saharan Africa (IDA & IBRD countries)?
Belize, at 14.0% against 8.2% in Sub-Saharan Africa (IDA & IBRD countries) as of 2025.
What is the difference in insurance and financial services between Belize and Sub-Saharan Africa (IDA & IBRD countries)?
5.8%, with Belize ahead.
How many years of comparable data are there for Belize and Sub-Saharan Africa (IDA & IBRD countries)?
41 years are reported by both, from 1984 to 2024.
How do Belize and Sub-Saharan Africa (IDA & IBRD countries) rank globally for insurance and financial services?
Belize ranks 23rd and Sub-Saharan Africa (IDA & IBRD countries) ranks 23rd 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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Belize vs Sub-Saharan Africa (IDA & IBRD countries): 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/belize/sub-saharan-africa-ida-and-ibrd-countries/

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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.