Malaysia vs Spain: Insurance and financial services
Insurance and financial services over time
- Malaysia
- Spain
How they compare
Spain currently reports 6.0% against 5.9% in Malaysia, a difference of 0.1%.
The two have swapped places 3 times across 12 shared years of data; in 2013 it was Spain ahead.
Malaysia ranks 107th and Spain ranks 105th of 197 countries.
Across the 2 decades both report, Malaysia averaged higher in 1 and Spain in 1.
Head to head by decade
| Decade | Malaysia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.0% | 7.9% | 0.9% | Spain |
| 2020s | 7.3% | 6.4% | 0.9% | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Malaysia or Spain?
- Spain, at 6.0% against 5.9% in Malaysia as of 2025.
- What is the difference in insurance and financial services between Malaysia and Spain?
- 0.1%, with Spain ahead.
- How many years of comparable data are there for Malaysia and Spain?
- 12 years are reported by both, from 2013 to 2024.
- How do Malaysia and Spain rank globally for insurance and financial services?
- Malaysia ranks 107th and Spain ranks 105th 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.