Bosnia and Herzegovina vs Madagascar: Insurance and financial services

Bosnia and Herzegovina
0.4%
in 2025
Madagascar
0.5%
in 2024
Bosnia and Herzegovina rank
163rd
Madagascar rank
160th

Insurance and financial services over time

  • Bosnia and Herzegovina
  • Madagascar
0246197419992025

How they compare

Madagascar currently reports 0.5% against 0.4% in Bosnia and Herzegovina, a difference of 0.1%.

That makes Madagascar's figure about 1.2 times Bosnia and Herzegovina's.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Bosnia and Herzegovina ahead.

Bosnia and Herzegovina ranks 163rd and Madagascar ranks 160th of 190 countries.

Across the 4 decades both report, Bosnia and Herzegovina averaged higher in 3 and Madagascar in 1.

Head to head by decade

Decade Bosnia and Herzegovina Madagascar Difference Ahead
1990s 2.6% 1.5% 1.2% Bosnia and Herzegovina
2000s 2.3% 0.4% 1.8% Bosnia and Herzegovina
2010s 0.3% 0.3% 0.1% Bosnia and Herzegovina
2020s 0.3% 0.6% 0.3% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bosnia and Herzegovina or Madagascar?
Madagascar, at 0.5% against 0.4% in Bosnia and Herzegovina as of 2024.
What is the difference in insurance and financial services between Bosnia and Herzegovina and Madagascar?
0.1%, with Madagascar ahead.
How many years of comparable data are there for Bosnia and Herzegovina and Madagascar?
27 years are reported by both, from 1998 to 2024.
How do Bosnia and Herzegovina and Madagascar rank globally for insurance and financial services?
Bosnia and Herzegovina ranks 163rd and Madagascar ranks 160th of 190 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 service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bosnia and Herzegovina vs Madagascar: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/bosnia-and-herzegovina/madagascar/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.