Africa Western and Central vs El Salvador: Insurance and financial services

Africa Western and Central
8.3%
in 2024
El Salvador
14.3%
in 2025
Africa Western and Central rank
20th
El Salvador rank
22nd

Insurance and financial services over time

  • Africa Western and Central
  • El Salvador
510152025197620002025

How they compare

El Salvador currently reports 14.3% against 8.3% in Africa Western and Central, a difference of 6.0%.

That makes El Salvador's figure about 1.7 times Africa Western and Central's.

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

Africa Western and Central ranks 20th and El Salvador ranks 22nd of 47 groups.

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

Head to head by decade

Decade Africa Western and Central El Salvador Difference Ahead
1970s 5.1% 9.2% 4.1% El Salvador
1980s 4.9% 13.3% 8.4% El Salvador
1990s 4.6% 12.5% 7.9% El Salvador
2000s 5.0% 12.4% 7.4% El Salvador
2010s 5.8% 17.4% 11.6% El Salvador
2020s 6.7% 18.4% 11.7% El Salvador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Africa Western and Central or El Salvador?
El Salvador, at 14.3% against 8.3% in Africa Western and Central as of 2025.
What is the difference in insurance and financial services between Africa Western and Central and El Salvador?
6.0%, with El Salvador ahead.
How many years of comparable data are there for Africa Western and Central and El Salvador?
46 years are reported by both, from 1977 to 2024.
How do Africa Western and Central and El Salvador rank globally for insurance and financial services?
Africa Western and Central ranks 20th and El Salvador ranks 22nd 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 Western and Central vs El Salvador: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/africa-western-and-central/el-salvador/

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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.