Madagascar vs Paraguay: Insurance and financial services
Insurance and financial services over time
- Madagascar
- Paraguay
How they compare
Paraguay currently reports 0.5% against 0.5% in Madagascar, a difference of 0.0%.
That makes Paraguay's figure about 1.1 times Madagascar's.
The two have swapped places 3 times across 40 shared years of data; in 1975 it was Madagascar ahead.
Madagascar ranks 161st and Paraguay ranks 159th of 190 countries.
Across the 6 decades both report, Madagascar averaged higher in 2 and Paraguay in 4.
Head to head by decade
| Decade | Madagascar | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.2% | 0.9% | 0.3% | Madagascar |
| 1980s | 0.5% | 0.1% | 0.4% | Madagascar |
| 1990s | 1.9% | 13.2% | 11.3% | Paraguay |
| 2000s | 0.5% | 9.8% | 9.3% | Paraguay |
| 2010s | 0.3% | 0.8% | 0.6% | Paraguay |
| 2020s | 0.6% | 1.0% | 0.3% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or Paraguay?
- Paraguay, at 0.5% against 0.5% in Madagascar as of 2025.
- What is the difference in insurance and financial services between Madagascar and Paraguay?
- 0.0%, with Paraguay ahead.
- How many years of comparable data are there for Madagascar and Paraguay?
- 40 years are reported by both, from 1975 to 2024.
- How do Madagascar and Paraguay rank globally for insurance and financial services?
- Madagascar ranks 161st and Paraguay ranks 159th 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.
Individual pages
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.