New Zealand vs Sub-Saharan Africa (excluding high income): Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- New Zealand
- Sub-Saharan Africa (excluding high income)
How they compare
New Zealand currently reports 12.9% against 7.3% in Sub-Saharan Africa (excluding high income), a difference of 5.6%.
That makes New Zealand's figure about 1.8 times Sub-Saharan Africa (excluding high income)'s.
The two have swapped places 5 times across 26 shared years of data; in 2000 it was Sub-Saharan Africa (excluding high income) ahead.
New Zealand ranks 29th and Sub-Saharan Africa (excluding high income) ranks 29th of 197 countries.
Across the 3 decades both report, New Zealand averaged higher in 2 and Sub-Saharan Africa (excluding high income) in 1.
Head to head by decade
| Decade | New Zealand | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.9% | 5.4% | 0.4% | Sub-Saharan Africa (excluding high income) |
| 2010s | 8.6% | 5.4% | 3.2% | New Zealand |
| 2020s | 13.7% | 6.7% | 7.1% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, New Zealand or Sub-Saharan Africa (excluding high income)?
- New Zealand, at 12.9% against 7.3% in Sub-Saharan Africa (excluding high income) as of 2025.
- What is the difference in insurance and financial services between New Zealand and Sub-Saharan Africa (excluding high income)?
- 5.6%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Sub-Saharan Africa (excluding high income)?
- 26 years are reported by both, from 2000 to 2025.
- How do New Zealand and Sub-Saharan Africa (excluding high income) rank globally for insurance and financial services?
- New Zealand ranks 29th and Sub-Saharan Africa (excluding high income) ranks 29th of 197 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 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.