Insurance and financial services in Eswatini
Eswatini: Insurance and financial services was 1.4% in 2024. ◆ Volatile
Insurance and financial services in Eswatini, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Eswatini is 1.4%, measured in 2024.
Compared with earlier readings it is down 67.8% on the previous year and down 78.8% over ten years.
Over the whole period, insurance and financial services in Eswatini peaked at 32.8% in 2005 and was at its lowest, 0.7%, in 1994.
Eswatini ranks 189th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Eswatini, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1974 | 1.1% | — |
| 1975 | 3.2% | +194.9% |
| 1976 | 5.4% | +67.8% |
| 1977 | 5.6% | +5.3% |
| 1978 | 9.0% | +60.1% |
| 1979 | 2.4% | -72.9% |
| 1980 | 13.0% | +430.2% |
| 1981 | 7.7% | -40.6% |
| 1982 | 7.2% | -6.4% |
| 1983 | 9.8% | +35.9% |
| 1984 | 10.3% | +5.2% |
| 1985 | 14.5% | +41.4% |
| 1986 | 14.2% | -2.1% |
| 1994 | 0.7% | -95.0% |
| 1995 | 3.9% | +445.7% |
| 1996 | 3.0% | -23.4% |
| 1997 | 2.8% | -5.1% |
| 1998 | 2.4% | -14.5% |
| 1999 | 2.5% | +6.0% |
| 2000 | 1.7% | -34.8% |
| 2001 | 2.5% | +48.4% |
| 2002 | 5.5% | +122.9% |
| 2003 | 10.5% | +91.0% |
| 2004 | 28.9% | +176.0% |
| 2005 | 32.8% | +13.6% |
| 2006 | 17.4% | -47.1% |
| 2007 | 12.2% | -29.9% |
| 2008 | 1.4% | -88.3% |
| 2009 | 5.6% | +292.6% |
| 2010 | 5.5% | -1.1% |
| 2011 | 2.7% | -50.8% |
| 2012 | 6.6% | +142.4% |
| 2013 | 2.0% | -69.4% |
| 2014 | 6.8% | +236.2% |
| 2015 | 2.1% | -68.4% |
| 2016 | 3.4% | +59.4% |
| 2017 | 2.3% | -32.1% |
| 2018 | 14.6% | +528.5% |
| 2019 | 3.5% | -76.0% |
| 2020 | 1.8% | -48.6% |
| 2021 | 1.7% | -3.1% |
| 2022 | 1.9% | +6.6% |
| 2023 | 4.5% | +139.1% |
| 2024 | 1.4% | -67.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 1.1% | 9.0% | 6 |
| 1980s | 11.0% | 7.2% | 14.5% | 7 |
| 1990s | 2.5% | 0.7% | 3.9% | 6 |
| 2000s | 11.8% | 1.4% | 32.8% | 10 |
| 2010s | 5.0% | 2.0% | 14.6% | 10 |
| 2020s | 2.3% | 1.4% | 4.5% | 5 |
Countries ranked near Eswatini
- 186 South Sudan 1.6% compare
- 187 Chad 1.5% compare
- 188 Israel 1.4% compare
- 190 Madagascar 1.4% compare
- 191 Afghanistan 1.4% compare
- 192 Guyana 1.2% compare
More private sector data for Eswatini
- Merchandise trade 86.4% (2025)
- Food imports 19.6% (2023)
- Manufactures imports 58.1% (2023)
- Merchandise imports 2.09 billion current US$ (2025)
- Food exports 29.7% (2023)
- Manufactures exports 59.8% (2023)
- Merchandise exports 2.37 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,887 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4592 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.85 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Eswatini?
- Insurance and financial services in Eswatini was 1.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Eswatini?
- The highest recorded value was 32.8% in 2005.
- What is the lowest insurance and financial services recorded in Eswatini?
- The lowest recorded value was 0.7% in 1994.
- How does Eswatini rank for insurance and financial services?
- Eswatini ranks 189th out of 197 countries with data for 2024.
- Is insurance and financial services rising or falling in Eswatini?
- Over the last ten years it is down 78.8%. The long-run trend across the full record is volatile.
- Where does this Eswatini 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 imports). Statizoid updates them automatically from the source API.
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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.