Bangladesh vs Mongolia: Insurance and financial services
Insurance and financial services over time
- Bangladesh
- Mongolia
How they compare
Bangladesh currently reports 5.6% against 5.5% in Mongolia, a difference of 0.1%.
The two have swapped places 5 times across 37 shared years of data; in 1986 it was Mongolia ahead.
Bangladesh ranks 111th and Mongolia ranks 112th of 197 countries.
Across the 5 decades both report, Bangladesh averaged higher in 4 and Mongolia in 1.
Head to head by decade
| Decade | Bangladesh | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.3% | 8.2% | 1.9% | Mongolia |
| 1990s | 7.3% | 4.0% | 3.3% | Bangladesh |
| 2000s | 6.4% | 2.4% | 4.0% | Bangladesh |
| 2010s | 8.7% | 5.1% | 3.6% | Bangladesh |
| 2020s | 7.7% | 6.4% | 1.2% | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bangladesh or Mongolia?
- Bangladesh, at 5.6% against 5.5% in Mongolia as of 2025.
- What is the difference in insurance and financial services between Bangladesh and Mongolia?
- 0.1%, with Bangladesh ahead.
- How many years of comparable data are there for Bangladesh and Mongolia?
- 37 years are reported by both, from 1986 to 2024.
- How do Bangladesh and Mongolia rank globally for insurance and financial services?
- Bangladesh ranks 111th and Mongolia ranks 112th of 197 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 imports). 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 imports which are commercial services provided by non-residents to residents.