Afghanistan vs Madagascar: Insurance and financial services

Afghanistan
0.4%
in 2020
Madagascar
0.5%
in 2024
Afghanistan rank
162nd
Madagascar rank
161st

Insurance and financial services over time

  • Afghanistan
  • Madagascar
051015197419992024

How they compare

Madagascar currently reports 0.5% against 0.4% in Afghanistan, a difference of 0.1%.

That makes Madagascar's figure about 1.1 times Afghanistan's.

The two have swapped places 1 time across 13 shared years of data; in 2008 it was Afghanistan ahead.

Afghanistan ranks 162nd and Madagascar ranks 161st of 190 countries.

Across the 3 decades both report, Afghanistan averaged higher in 2 and Madagascar in 1.

Head to head by decade

Decade Afghanistan Madagascar Difference Ahead
2000s 8.6% 0.0% 8.5% Afghanistan
2010s 6.0% 0.3% 5.7% Afghanistan
2020s 0.4% 0.8% 0.3% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Afghanistan or Madagascar?
Madagascar, at 0.5% against 0.4% in Afghanistan as of 2024.
What is the difference in insurance and financial services between Afghanistan and Madagascar?
0.1%, with Madagascar ahead.
How many years of comparable data are there for Afghanistan and Madagascar?
13 years are reported by both, from 2008 to 2020.
How do Afghanistan and Madagascar rank globally for insurance and financial services?
Afghanistan ranks 162nd and Madagascar ranks 161st of 190 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Afghanistan vs Madagascar: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/afghanistan/madagascar/

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About this data

Indicator
Insurance and financial services (% of commercial service exports)
Unit
% of commercial service exports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.