South Africa - Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in South Africa was at 7.067 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south africa insurance and financial services percent of service exports bop wb data




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Insurance and financial services (% of service exports, BoP) cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.


South Africa | Economy & Growth

GDP (current US$)
314571945857 USD
GDP (current LCU)
4013592000000 LCU
GDP (constant 2000 US$)
417307545211 USD
GDP (constant LCU)
3055192000000 LCU
GNI (current US$)
306705593742 USD
GNI (current LCU)
3913226000000 LCU
GNI (constant 2000 US$)
406801643737 USD
GNI (constant LCU)
2978276194125 LCU
Gross savings (current US$)
51534368089 USD
Gross savings (current LCU)
657521849009 LCU