South Africa vs Palestine: Insurance and financial services
Insurance and financial services over time
- South Africa
- Palestine
How they compare
Palestine currently reports 6.0% against 5.7% in South Africa, a difference of 0.3%.
That makes Palestine's figure about 1.1 times South Africa's.
The two have swapped places 3 times across 28 shared years of data; in 1998 it was South Africa ahead.
South Africa ranks 108th and Palestine ranks 106th of 197 countries.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Africa | Palestine | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.3% | 3.0% | 4.3% | South Africa |
| 2000s | 4.7% | 1.9% | 2.8% | South Africa |
| 2010s | 3.5% | 2.8% | 0.7% | South Africa |
| 2020s | 5.4% | 3.9% | 1.5% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, South Africa or Palestine?
- Palestine, at 6.0% against 5.7% in South Africa as of 2025.
- What is the difference in insurance and financial services between South Africa and Palestine?
- 0.3%, with Palestine ahead.
- How many years of comparable data are there for South Africa and Palestine?
- 28 years are reported by both, from 1998 to 2025.
- How do South Africa and Palestine rank globally for insurance and financial services?
- South Africa ranks 108th and Palestine ranks 106th 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.