Insurance and financial services in Eswatini
Eswatini: Insurance and financial services was 3.4% in 2024. ◆ Volatile
Insurance and financial services in Eswatini, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, insurance and financial services in Eswatini stood at 3.4%.
The figure is down 67.2% on the previous year and down 78.6% over ten years.
Over the whole period, insurance and financial services in Eswatini peaked at 75.0% in 2005 and was at its lowest, 0.0%, in 1998.
That places Eswatini 85th out of 190 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Eswatini, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 0.1% | — |
| 1976 | 0.0% | -17.4% |
| 1977 | 0.0% | -11.8% |
| 1979 | 0.0% | -3.8% |
| 1980 | 0.4% | +1027.4% |
| 1981 | 0.4% | -9.7% |
| 1982 | 0.3% | -12.8% |
| 1983 | 0.3% | -9.3% |
| 1984 | 0.2% | -28.7% |
| 1985 | 0.2% | +11.5% |
| 1995 | 0.0% | -91.6% |
| 1996 | 0.0% | +11.1% |
| 1997 | 0.0% | +23.2% |
| 1998 | 0.0% | -29.1% |
| 2003 | 47.8% | +241331.6% |
| 2004 | 57.6% | +20.6% |
| 2005 | 75.0% | +30.2% |
| 2006 | 13.6% | -81.8% |
| 2007 | 6.3% | -53.9% |
| 2008 | 8.3% | +32.0% |
| 2009 | 10.1% | +21.4% |
| 2010 | 15.6% | +55.0% |
| 2011 | 13.1% | -15.8% |
| 2012 | 14.3% | +8.7% |
| 2013 | 27.7% | +94.1% |
| 2014 | 15.8% | -42.9% |
| 2015 | 16.4% | +3.6% |
| 2016 | 9.2% | -44.1% |
| 2017 | 46.3% | +404.0% |
| 2018 | 17.2% | -62.8% |
| 2019 | 16.0% | -7.1% |
| 2020 | 13.8% | -14.0% |
| 2021 | 16.4% | +19.3% |
| 2022 | 15.6% | -4.9% |
| 2023 | 10.3% | -34.0% |
| 2024 | 3.4% | -67.2% |
Eswatini compared with similar countries
- Eswatini's 3.4% is above the median for lower middle income countries, which is 1.6%, 2.1× the median. (46 countries reporting)
- Eswatini's 3.4% is above the median for Sub-Saharan Africa, which is 3.1%, 1.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Eswatini changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +241331.6% | 0.0% | 47.8% |
| 1980 | +1027.4% | 0.0% | 0.4% |
| 2017 | +404.0% | 9.2% | 46.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 4 |
| 1980s | 0.3% | 0.2% | 0.4% | 6 |
| 1990s | 0.0% | 0.0% | 0.0% | 4 |
| 2000s | 31.2% | 6.3% | 75.0% | 7 |
| 2010s | 19.2% | 9.2% | 46.3% | 10 |
| 2020s | 11.9% | 3.4% | 16.4% | 5 |
Countries ranked near Eswatini
More economy & growth data for Eswatini
- Foreign direct investment, net outflows (BoP, current US$), gaps 63.77 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0131 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 51.31 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 75.53 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 168.48 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0155 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.77 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.96 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1104 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 431.74 includes gold, current US$ per person (2024)
Frequently asked questions
- What is insurance and financial services in Eswatini?
- Insurance and financial services in Eswatini was 3.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Eswatini?
- The highest recorded value was 75.0% in 2005.
- What is the lowest insurance and financial services recorded in Eswatini?
- The lowest recorded value was 0.0% in 1998.
- How does Eswatini rank for insurance and financial services?
- Eswatini ranks 85th out of 190 countries with data for 2024.
- Is insurance and financial services rising or falling in Eswatini?
- Over the last ten years it is down 78.6%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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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 exports which are services provided by residents to non-residents.