Africa Eastern and Southern vs Ethiopia: Insurance and financial services
Insurance and financial services over time
- Africa Eastern and Southern
- Ethiopia
How they compare
Ethiopia currently reports 13.3% against 7.6% in Africa Eastern and Southern, a difference of 5.7%.
That makes Ethiopia's figure about 1.7 times Africa Eastern and Southern's.
The two have swapped places 11 times across 45 shared years of data; in 1977 it was Africa Eastern and Southern ahead.
Africa Eastern and Southern ranks 29th and Ethiopia ranks 27th of 47 groups.
Africa Eastern and Southern has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Eastern and Southern | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.9% | 3.7% | 6.2% | Africa Eastern and Southern |
| 1980s | 8.7% | 4.0% | 4.7% | Africa Eastern and Southern |
| 1990s | 7.1% | 5.4% | 1.6% | Africa Eastern and Southern |
| 2000s | 5.3% | 4.9% | 0.4% | Africa Eastern and Southern |
| 2010s | 5.2% | 3.8% | 1.3% | Africa Eastern and Southern |
| 2020s | 6.6% | 5.6% | 1.0% | Africa Eastern and Southern |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Africa Eastern and Southern or Ethiopia?
- Ethiopia, at 13.3% 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 Ethiopia?
- 5.7%, with Ethiopia ahead.
- How many years of comparable data are there for Africa Eastern and Southern and Ethiopia?
- 45 years are reported by both, from 1977 to 2024.
- How do Africa Eastern and Southern and Ethiopia rank globally for insurance and financial services?
- Africa Eastern and Southern ranks 29th and Ethiopia ranks 27th 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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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 imports which are commercial services provided by non-residents to residents.