South Africa - Insurance and financial services imports

Insurance and financial services (% of commercial service imports)

The value for Insurance and financial services (% of commercial service imports) in South Africa was 5.70 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 16.58 in 1962 and a minimum value of 1.85 in 2009.

Definition: Insurance and financial services cover freight insurance on goods imported 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 16.00
1961 14.79
1962 16.58
1963 15.55
1964 14.18
1965 13.48
1966 12.24
1967 12.73
1968 12.47
1969 11.88
1970 11.01
1971 10.98
1972 11.33
1973 11.76
1974 10.84
1975 12.39
1976 13.96
1977 14.36
1978 13.73
1979 13.58
1980 12.14
1981 12.58
1982 12.25
1983 13.98
1984 13.44
1985 13.92
1986 13.38
1987 11.35
1988 8.99
1989 8.90
1990 11.37
1991 8.62
1992 8.72
1993 8.37
1994 8.92
1995 14.11
1996 8.99
1997 8.67
1998 7.48
1999 7.11
2000 6.69
2001 5.48
2002 5.58
2003 5.09
2004 5.37
2005 5.58
2006 4.58
2007 4.03
2008 3.10
2009 1.85
2010 2.49
2011 2.64
2012 3.07
2013 3.31
2014 4.04
2015 4.23
2016 4.08
2017 3.80
2018 4.17
2019 3.78
2020 5.70

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports