Madagascar vs North Macedonia: Insurance and financial services
Insurance and financial services over time
- Madagascar
- North Macedonia
How they compare
Madagascar currently reports 1.4% against 1.2% in North Macedonia, a difference of 0.2%.
That makes Madagascar's figure about 1.2 times North Macedonia's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was North Macedonia ahead.
Madagascar ranks 190th and North Macedonia ranks 193rd of 197 countries.
North Macedonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Madagascar | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.8% | 11.0% | 9.2% | North Macedonia |
| 2000s | 1.3% | 2.8% | 1.5% | North Macedonia |
| 2010s | 0.9% | 3.3% | 2.4% | North Macedonia |
| 2020s | 2.0% | 2.2% | 0.2% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or North Macedonia?
- Madagascar, at 1.4% against 1.2% in North Macedonia as of 2024.
- What is the difference in insurance and financial services between Madagascar and North Macedonia?
- 0.2%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and North Macedonia?
- 29 years are reported by both, from 1996 to 2024.
- How do Madagascar and North Macedonia rank globally for insurance and financial services?
- Madagascar ranks 190th and North Macedonia 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.