Madagascar vs Saint Lucia: Insurance and financial services
Insurance and financial services over time
- Madagascar
- Saint Lucia
How they compare
Saint Lucia currently reports 0.5% against 0.5% in Madagascar, a difference of 0.0%.
The two have swapped places 6 times across 39 shared years of data; in 1986 it was Saint Lucia ahead.
Madagascar ranks 161st and Saint Lucia ranks 160th of 190 countries.
Across the 5 decades both report, Madagascar averaged higher in 1 and Saint Lucia in 4.
Head to head by decade
| Decade | Madagascar | Saint Lucia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.6% | 1.4% | 0.8% | Saint Lucia |
| 1990s | 2.7% | 1.4% | 1.3% | Madagascar |
| 2000s | 0.5% | 1.5% | 1.0% | Saint Lucia |
| 2010s | 0.3% | 0.9% | 0.6% | Saint Lucia |
| 2020s | 0.6% | 1.0% | 0.4% | Saint Lucia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or Saint Lucia?
- Saint Lucia, at 0.5% against 0.5% in Madagascar as of 2025.
- What is the difference in insurance and financial services between Madagascar and Saint Lucia?
- 0.0%, with Saint Lucia ahead.
- How many years of comparable data are there for Madagascar and Saint Lucia?
- 39 years are reported by both, from 1986 to 2024.
- How do Madagascar and Saint Lucia rank globally for insurance and financial services?
- Madagascar ranks 161st and Saint Lucia ranks 160th 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.