El Salvador vs Sub-Saharan Africa: Insurance and financial services
Insurance and financial services over time
- El Salvador
- Sub-Saharan Africa
How they compare
El Salvador currently reports 14.1% against 8.2% in Sub-Saharan Africa, a difference of 5.9%.
That makes El Salvador's figure about 1.7 times Sub-Saharan Africa's.
Across all 48 years both countries report, El Salvador has been ahead every year.
El Salvador ranks 21st and Sub-Saharan Africa ranks 23rd of 197 countries.
El Salvador has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | El Salvador | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.7% | 6.6% | 2.1% | El Salvador |
| 1980s | 12.6% | 6.3% | 6.3% | El Salvador |
| 1990s | 12.0% | 5.5% | 6.5% | El Salvador |
| 2000s | 12.2% | 4.9% | 7.2% | El Salvador |
| 2010s | 17.0% | 5.0% | 12.1% | El Salvador |
| 2020s | 18.0% | 6.8% | 11.2% | El Salvador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, El Salvador or Sub-Saharan Africa?
- El Salvador, at 14.1% against 8.2% in Sub-Saharan Africa as of 2025.
- What is the difference in insurance and financial services between El Salvador and Sub-Saharan Africa?
- 5.9%, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Sub-Saharan Africa?
- 48 years are reported by both, from 1977 to 2024.
- How do El Salvador and Sub-Saharan Africa rank globally for insurance and financial services?
- El Salvador ranks 21st and Sub-Saharan Africa 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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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.