Laos vs Madagascar: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Laos
- Madagascar
How they compare
Laos currently reports 1.5% against 1.3% in Madagascar, a difference of 0.2%.
That makes Laos's figure about 1.2 times Madagascar's.
The two have swapped places 9 times across 40 shared years of data; in 1984 it was Madagascar ahead.
Laos ranks 187th and Madagascar ranks 190th of 197 countries.
Across the 5 decades both report, Laos averaged higher in 4 and Madagascar in 1.
Head to head by decade
| Decade | Laos | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.3% | 3.4% | 0.9% | Laos |
| 1990s | 3.9% | 2.5% | 1.4% | Laos |
| 2000s | -16.0% | 1.2% | 17.2% | Madagascar |
| 2010s | 3.9% | 0.9% | 3.0% | Laos |
| 2020s | 3.1% | 1.9% | 1.2% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Laos or Madagascar?
- Laos, at 1.5% against 1.3% in Madagascar as of 2025.
- What is the difference in insurance and financial services between Laos and Madagascar?
- 0.2%, with Laos ahead.
- How many years of comparable data are there for Laos and Madagascar?
- 40 years are reported by both, from 1984 to 2025.
- How do Laos and Madagascar rank globally for insurance and financial services?
- Laos ranks 187th and Madagascar ranks 190th 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.
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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 imports which are commercial services provided by non-residents to residents.