Bangladesh vs India: Insurance and financial services
Insurance and financial services over time
- Bangladesh
- India
How they compare
Bangladesh currently reports 2.8% against 2.8% in India, a difference of 0.0%.
The two have swapped places 11 times across 43 shared years of data; in 1983 it was India ahead.
Bangladesh ranks 93rd and India ranks 95th of 190 countries.
Across the 5 decades both report, Bangladesh averaged higher in 2 and India in 3.
Head to head by decade
| Decade | Bangladesh | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.1% | 1.7% | 1.6% | India |
| 1990s | 2.4% | 2.5% | 0.1% | India |
| 2000s | 4.5% | 4.4% | 0.1% | Bangladesh |
| 2010s | 4.6% | 4.9% | 0.3% | India |
| 2020s | 3.4% | 3.2% | 0.2% | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bangladesh or India?
- Bangladesh, at 2.8% against 2.8% in India as of 2025.
- What is the difference in insurance and financial services between Bangladesh and India?
- 0.0%, with Bangladesh ahead.
- How many years of comparable data are there for Bangladesh and India?
- 43 years are reported by both, from 1983 to 2025.
- How do Bangladesh and India rank globally for insurance and financial services?
- Bangladesh ranks 93rd and India ranks 95th 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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About this data
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.