Denmark vs Malawi: Insurance and financial services

Denmark
2.2%
in 2024
Malawi
2.1%
in 2024
Denmark rank
104th
Malawi rank
107th

Insurance and financial services over time

  • Denmark
  • Malawi
0102030197519992024

How they compare

Denmark currently reports 2.2% against 2.1% in Malawi, a difference of 0.1%.

That makes Denmark's figure about 1.1 times Malawi's.

The two have swapped places 6 times across 33 shared years of data; in 1977 it was Denmark ahead.

Denmark ranks 104th and Malawi ranks 107th of 190 countries.

Across the 6 decades both report, Denmark averaged higher in 4 and Malawi in 2.

Head to head by decade

Decade Denmark Malawi Difference Ahead
1970s 2.8% 1.4% 1.4% Denmark
1980s 2.7% 0.2% 2.5% Denmark
1990s 2.3% 0.1% 2.2% Denmark
2000s 1.8% 1.2% 0.6% Denmark
2010s 1.6% 16.3% 14.7% Malawi
2020s 1.8% 2.0% 0.2% Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Denmark or Malawi?
Denmark, at 2.2% against 2.1% in Malawi as of 2024.
What is the difference in insurance and financial services between Denmark and Malawi?
0.1%, with Denmark ahead.
How many years of comparable data are there for Denmark and Malawi?
33 years are reported by both, from 1977 to 2024.
How do Denmark and Malawi rank globally for insurance and financial services?
Denmark ranks 104th and Malawi ranks 107th 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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Denmark vs Malawi: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/denmark/malawi/

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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.