Madagascar vs Niger: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Madagascar
- Niger
How they compare
Madagascar currently reports 1.3% against 1.0% in Niger, a difference of 0.3%.
That makes Madagascar's figure about 1.2 times Niger's.
The two have swapped places 7 times across 51 shared years of data; in 1974 it was Niger ahead.
Madagascar ranks 190th and Niger ranks 193rd of 197 countries.
Across the 6 decades both report, Madagascar averaged higher in 1 and Niger in 5.
Head to head by decade
| Decade | Madagascar | Niger | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.9% | 7.4% | 2.5% | Niger |
| 1980s | 4.0% | 7.1% | 3.1% | Niger |
| 1990s | 2.4% | 3.3% | 0.9% | Niger |
| 2000s | 1.3% | 2.8% | 1.5% | Niger |
| 2010s | 0.9% | 1.5% | 0.5% | Niger |
| 2020s | 2.0% | 1.1% | 1.0% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or Niger?
- Madagascar, at 1.3% against 1.0% in Niger as of 2025.
- What is the difference in insurance and financial services between Madagascar and Niger?
- 0.3%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Niger?
- 51 years are reported by both, from 1974 to 2024.
- How do Madagascar and Niger rank globally for insurance and financial services?
- Madagascar ranks 190th and Niger ranks 193rd 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.