Africa Eastern and Southern vs Bahamas: Insurance and financial services

Africa Eastern and Southern
7.6%
in 2024
Bahamas
12.7%
in 2024
Africa Eastern and Southern rank
29th
Bahamas rank
31st

Insurance and financial services over time

  • Africa Eastern and Southern
  • Bahamas
05101520197620002024

How they compare

Bahamas currently reports 12.7% against 7.6% in Africa Eastern and Southern, a difference of 5.1%.

That makes Bahamas's figure about 1.7 times Africa Eastern and Southern's.

The two have swapped places 1 time across 48 shared years of data; in 1977 it was Africa Eastern and Southern ahead.

Africa Eastern and Southern ranks 29th and Bahamas ranks 31st of 47 groups.

Across the 6 decades both report, Africa Eastern and Southern averaged higher in 2 and Bahamas in 4.

Head to head by decade

Decade Africa Eastern and Southern Bahamas Difference Ahead
1970s 9.9% 1.4% 8.5% Africa Eastern and Southern
1980s 9.0% 2.0% 7.0% Africa Eastern and Southern
1990s 7.1% 8.4% 1.3% Bahamas
2000s 5.3% 8.4% 3.1% Bahamas
2010s 5.2% 10.7% 5.5% Bahamas
2020s 6.6% 14.6% 8.0% Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Africa Eastern and Southern or Bahamas?
Bahamas, at 12.7% against 7.6% in Africa Eastern and Southern as of 2024.
What is the difference in insurance and financial services between Africa Eastern and Southern and Bahamas?
5.1%, with Bahamas ahead.
How many years of comparable data are there for Africa Eastern and Southern and Bahamas?
48 years are reported by both, from 1977 to 2024.
How do Africa Eastern and Southern and Bahamas rank globally for insurance and financial services?
Africa Eastern and Southern ranks 29th and Bahamas ranks 31st of 47 groups.
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 imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa Eastern and Southern vs Bahamas: 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://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/africa-eastern-and-southern/bahamas-the/

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About this data

Indicator
Insurance and financial services (% of commercial service imports)
Unit
% of commercial service imports
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

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 imports which are commercial services provided by non-residents to residents.