Insurance and financial services (% of commercial service exports) in Botswana
Botswana: Insurance and financial services (% of commercial service exports) was 0.3% in 2025. ◆ Volatile
Insurance and financial services in Botswana, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2025, insurance and financial services in Botswana stood at 0.3%.
That represents a change of down 50.4% on the previous year and down 51.0% over ten years.
Over the whole period, insurance and financial services in Botswana peaked at 10.1% in 2018 and was at its lowest, 0.1%, in 2009.
That places Botswana 171st out of 190 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service exports) in Botswana, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1975 | 6.4% | — |
| 1976 | 6.5% | +2.7% |
| 1977 | 5.6% | -14.9% |
| 1978 | 5.0% | -10.6% |
| 1979 | 4.8% | -3.3% |
| 1980 | 5.6% | +17.0% |
| 1981 | 5.1% | -8.4% |
| 1982 | 4.9% | -4.0% |
| 1983 | 4.4% | -10.8% |
| 1984 | 3.7% | -17.1% |
| 1985 | 4.0% | +10.1% |
| 1986 | 3.0% | -24.8% |
| 1987 | 2.9% | -4.4% |
| 1988 | 2.6% | -9.2% |
| 1989 | 2.6% | -2.4% |
| 1990 | 8.2% | +218.5% |
| 1991 | 4.3% | -47.5% |
| 1992 | 6.2% | +44.5% |
| 1993 | 5.5% | -11.4% |
| 1994 | 5.1% | -6.7% |
| 1995 | 7.8% | +53.2% |
| 1996 | 0.9% | -88.7% |
| 1997 | 1.7% | +90.9% |
| 1998 | 2.7% | +57.5% |
| 1999 | 1.6% | -41.3% |
| 2000 | 3.5% | +124.1% |
| 2001 | 3.2% | -8.0% |
| 2002 | 2.1% | -34.7% |
| 2003 | 6.5% | +209.2% |
| 2004 | 7.0% | +8.0% |
| 2005 | 7.2% | +2.5% |
| 2006 | 3.2% | -56.2% |
| 2007 | 5.3% | +68.7% |
| 2008 | 0.2% | -97.1% |
| 2009 | 0.1% | -16.8% |
| 2010 | 0.2% | +75.9% |
| 2011 | 2.5% | +984.5% |
| 2012 | 0.2% | -91.4% |
| 2013 | 1.2% | +461.1% |
| 2014 | 0.4% | -66.2% |
| 2015 | 0.7% | +64.2% |
| 2016 | 0.5% | -25.5% |
| 2017 | 3.6% | +640.8% |
| 2018 | 10.1% | +178.4% |
| 2019 | 6.2% | -39.1% |
| 2020 | 3.0% | -52.0% |
| 2021 | 0.7% | -76.5% |
| 2022 | 0.3% | -51.6% |
| 2023 | 0.9% | +154.9% |
| 2024 | 0.7% | -24.3% |
| 2025 | 0.3% | -50.4% |
Botswana compared with similar countries
- Botswana's 0.3% is below the median for upper middle income countries, which is 1.9%, 17% of the median. (53 countries reporting)
- Botswana's 0.3% is below the median for Sub-Saharan Africa, which is 3.9%, 8% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service exports) in Botswana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +984.5% | 0.2% | 2.5% |
| 2017 | +640.8% | 0.5% | 3.6% |
| 2013 | +461.1% | 0.2% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.6% | 4.8% | 6.5% | 5 |
| 1980s | 3.9% | 2.6% | 5.6% | 10 |
| 1990s | 4.4% | 0.9% | 8.2% | 10 |
| 2000s | 3.8% | 0.1% | 7.2% | 10 |
| 2010s | 2.6% | 0.2% | 10.1% | 10 |
| 2020s | 1.0% | 0.3% | 3.0% | 6 |
Countries ranked near Botswana
- 168 Zimbabwe 0.3% compare
- 169 Cambodia 0.3% compare
- 170 Fiji 0.3% compare
- 172 New Zealand 0.2% compare
- 173 Bosnia and Herzegovina 0.2% compare
- 174 Seychelles 0.2% compare
More private sector data for Botswana
- Merchandise trade 57.8% (2025)
- Food imports 16.2% (2023)
- Manufactures imports 61.8% (2023)
- Merchandise imports 6.39 billion current US$ (2025)
- Commercial service imports 1.30 billion current US$ (2025)
- Food exports 1.9% (2023)
- Manufactures exports 86.3% (2023)
- Merchandise exports 5.12 billion current US$ (2025)
- Commercial service exports 1.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,998 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Botswana?
- Insurance and financial services in Botswana was 0.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Botswana?
- The highest recorded value was 10.1% in 2018.
- What is the lowest insurance and financial services recorded in Botswana?
- The lowest recorded value was 0.1% in 2009.
- How does Botswana rank for insurance and financial services?
- Botswana ranks 171st out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Botswana?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 exports which are commercial services provided by residents to non-residents.