Niger vs South Africa: Insurance and financial services
Insurance and financial services over time
- Niger
- South Africa
How they compare
Niger currently reports 10.4% against 9.8% in South Africa, a difference of 0.6%.
That makes Niger's figure about 1.1 times South Africa's.
The two have swapped places 9 times across 51 shared years of data; in 1974 it was South Africa ahead.
Niger ranks 35th and South Africa ranks 37th of 190 countries.
South Africa has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Niger | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.3% | 11.1% | 10.9% | South Africa |
| 1980s | 7.4% | 8.9% | 1.5% | South Africa |
| 1990s | 5.3% | 8.7% | 3.4% | South Africa |
| 2000s | 3.3% | 6.3% | 3.0% | South Africa |
| 2010s | 2.8% | 7.7% | 4.9% | South Africa |
| 2020s | 6.7% | 11.0% | 4.3% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Niger or South Africa?
- Niger, at 10.4% against 9.8% in South Africa as of 2024.
- What is the difference in insurance and financial services between Niger and South Africa?
- 0.6%, with Niger ahead.
- How many years of comparable data are there for Niger and South Africa?
- 51 years are reported by both, from 1974 to 2024.
- How do Niger and South Africa rank globally for insurance and financial services?
- Niger ranks 35th and South Africa ranks 37th of 190 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 commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.