Bosnia and Herzegovina vs Madagascar: Insurance and financial services
Insurance and financial services over time
- Bosnia and Herzegovina
- Madagascar
How they compare
Madagascar currently reports 0.5% against 0.4% in Bosnia and Herzegovina, a difference of 0.1%.
That makes Madagascar's figure about 1.2 times Bosnia and Herzegovina's.
The two have swapped places 3 times across 27 shared years of data; in 1998 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 164th and Madagascar ranks 161st of 190 countries.
Across the 4 decades both report, Bosnia and Herzegovina averaged higher in 3 and Madagascar in 1.
Head to head by decade
| Decade | Bosnia and Herzegovina | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.7% | 1.6% | 1.0% | Bosnia and Herzegovina |
| 2000s | 2.3% | 0.5% | 1.7% | Bosnia and Herzegovina |
| 2010s | 0.3% | 0.3% | 0.1% | Bosnia and Herzegovina |
| 2020s | 0.3% | 0.6% | 0.3% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bosnia and Herzegovina or Madagascar?
- Madagascar, at 0.5% against 0.4% in Bosnia and Herzegovina as of 2024.
- What is the difference in insurance and financial services between Bosnia and Herzegovina and Madagascar?
- 0.1%, with Madagascar ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Madagascar?
- 27 years are reported by both, from 1998 to 2024.
- How do Bosnia and Herzegovina and Madagascar rank globally for insurance and financial services?
- Bosnia and Herzegovina ranks 164th 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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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.