South Africa - Insurance and financial services exports

Insurance and financial services (% of commercial service exports)

The value for Insurance and financial services (% of commercial service exports) in South Africa was 12.33 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 13.04 in 1967 and a minimum value of 4.39 in 2003.

Definition: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1960 10.29
1961 10.00
1962 11.70
1963 11.79
1964 11.98
1965 11.84
1966 11.70
1967 13.04
1968 12.54
1969 11.61
1970 11.46
1971 10.31
1972 10.77
1973 9.11
1974 8.42
1975 11.65
1976 11.71
1977 11.87
1978 12.46
1979 10.75
1980 10.34
1981 12.49
1982 12.29
1983 6.25
1984 7.48
1985 9.66
1986 10.72
1987 8.69
1988 6.12
1989 5.43
1990 10.69
1991 5.93
1992 7.31
1993 6.30
1994 7.94
1995 9.94
1996 9.54
1997 8.83
1998 10.43
1999 9.98
2000 9.22
2001 6.22
2002 5.57
2003 4.39
2004 5.33
2005 5.69
2006 6.62
2007 7.02
2008 6.89
2009 6.38
2010 7.73
2011 7.62
2012 7.58
2013 7.49
2014 7.53
2015 8.24
2016 8.06
2017 7.49
2018 7.86
2019 7.30
2020 12.33

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports