Insurance and financial services (% of service exports, BoP) in Sub-Saharan Africa (IDA & IBRD countries) stood at 10.19% in 2025, according to World Bank. The latest value is up 1.54 percentage points from 8.65% in 2024. Ten years earlier, in 2015, the value was 4.79% (up 5.4 percentage points since). The latest value is the highest since 1978; the lowest was 2.77% in 2002.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Insurance and financial services (% of service exports, BoP), measured in %, captures Sub-Saharan Africa (IDA & IBRD countries)'s cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Sub-Saharan Africa (IDA & IBRD countries), Insurance and financial services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Sub-Saharan Africa (IDA & IBRD countries)'s industries that rely on imported components or foreign markets for their products.
Insurance and financial services (% of service exports, BoP) in Sub-Saharan Africa (IDA & IBRD countries) stood at 10.19% in 2025, according to World Bank.
The latest value is up 1.54 percentage points from 8.65% in 2024. Ten years earlier, in 2015, the value was 4.79% (up 5.4 percentage points since).
The latest value is the highest since 1978; the lowest was 2.77% in 2002.
| Indicator | Insurance and financial services (% of service exports, BoP) |
|---|---|
| Country | Sub-Saharan Africa (IDA & IBRD countries) |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
Loading chart...
World Bank. (2026). Insurance and financial services (% of service exports, BoP) — Sub-Saharan Africa (IDA & IBRD countries) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-insf-zs/TSS. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS
World Bank. "Insurance and financial services (% of service exports, BoP) — Sub-Saharan Africa (IDA & IBRD countries)." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-insf-zs/TSS. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
World Bank. 2026. "Insurance and financial services (% of service exports, BoP) — Sub-Saharan Africa (IDA & IBRD countries)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-insf-zs/TSS. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
@misc{econdash_wdi_bx_gsr_insf_zs_tss,
author = {{World Bank}},
title = {{Insurance and financial services (\% of service exports, BoP) --- Sub-Saharan Africa (IDA \& IBRD countries)}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-bx-gsr-insf-zs/TSS},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS}
}Browse indicators available for Sub-Saharan Africa (IDA & IBRD countries). Click any indicator to view its interactive chart, compare with other countries, and download historical data.
| Demographics | 30 indicators |
|---|---|
| Healthcare | 34 indicators |
| Macroeconomics | 83 indicators |
| Education | 8 indicators |
| Commodities and Energy | 75 indicators |
| Technology and Internet | 6 indicators |
| Transport and Logistics | 9 indicators |
| Labor and Employment | 24 indicators |
| Financial Markets | 9 indicators |
| Total indicators | 278 |