Insurance and financial services as a percentage of service imports from the balance of payment reached 5.46% in 2021 in South Africa, according to the National Central Bank / OECD. This is 1.93% less than in the previous year.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in South Africa reached an all time high of 16.2% in 1962 and an all time low of 1.80% in 2009.
South Africa has been ranked 89th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.
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