Malaysia vs South Africa: Insurance and financial services
Insurance and financial services over time
- Malaysia
- South Africa
How they compare
Malaysia currently reports 5.9% against 5.6% in South Africa, a difference of 0.3%.
That makes Malaysia's figure about 1.1 times South Africa's.
The two have swapped places 2 times across 26 shared years of data; in 1999 it was South Africa ahead.
Malaysia ranks 106th and South Africa ranks 108th of 197 countries.
Across the 4 decades both report, Malaysia averaged higher in 2 and South Africa in 2.
Head to head by decade
| Decade | Malaysia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 6.9% | 3.9% | South Africa |
| 2000s | 3.2% | 4.6% | 1.4% | South Africa |
| 2010s | 7.2% | 3.4% | 3.8% | Malaysia |
| 2020s | 7.3% | 5.2% | 2.0% | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Malaysia or South Africa?
- Malaysia, at 5.9% against 5.6% in South Africa as of 2024.
- What is the difference in insurance and financial services between Malaysia and South Africa?
- 0.3%, with Malaysia ahead.
- How many years of comparable data are there for Malaysia and South Africa?
- 26 years are reported by both, from 1999 to 2024.
- How do Malaysia and South Africa rank globally for insurance and financial services?
- Malaysia ranks 106th 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.
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.