Mexico vs Sub-Saharan Africa (excluding high income): Insurance and financial services

Mexico
15.6%
in 2025
Sub-Saharan Africa (excluding high income)
8.3%
in 2024
Mexico rank
18th
Sub-Saharan Africa (excluding high income) rank
21st

Insurance and financial services over time

  • Mexico
  • Sub-Saharan Africa (excluding high income)
010203040197720012025

How they compare

Mexico currently reports 15.6% against 8.3% in Sub-Saharan Africa (excluding high income), a difference of 7.3%.

That makes Mexico's figure about 1.9 times Sub-Saharan Africa (excluding high income)'s.

Across all 46 years both countries report, Mexico has been ahead every year.

Mexico ranks 18th and Sub-Saharan Africa (excluding high income) ranks 21st of 197 countries.

Mexico has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Mexico Sub-Saharan Africa (excluding high income) Difference Ahead
1970s 8.5% 6.6% 2.0% Mexico
1980s 8.5% 6.3% 2.2% Mexico
1990s 14.6% 5.5% 9.1% Mexico
2000s 15.2% 4.9% 10.3% Mexico
2010s 16.9% 5.0% 11.9% Mexico
2020s 18.1% 6.9% 11.2% Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Mexico or Sub-Saharan Africa (excluding high income)?
Mexico, at 15.6% against 8.3% in Sub-Saharan Africa (excluding high income) as of 2025.
What is the difference in insurance and financial services between Mexico and Sub-Saharan Africa (excluding high income)?
7.3%, with Mexico ahead.
How many years of comparable data are there for Mexico and Sub-Saharan Africa (excluding high income)?
46 years are reported by both, from 1979 to 2024.
How do Mexico and Sub-Saharan Africa (excluding high income) rank globally for insurance and financial services?
Mexico ranks 18th and Sub-Saharan Africa (excluding high income) ranks 21st 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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Mexico vs Sub-Saharan Africa (excluding high income): 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/mexico/sub-saharan-africa-excluding-high-income/

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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.