Madagascar vs Paraguay: Insurance and financial services
Insurance and financial services over time
- Madagascar
- Paraguay
How they compare
Paraguay currently reports 0.5% against 0.5% in Madagascar, a difference of 0.0%.
The two have swapped places 5 times across 40 shared years of data; in 1975 it was Madagascar ahead.
Madagascar ranks 160th and Paraguay ranks 158th of 190 countries.
Across the 6 decades both report, Madagascar averaged higher in 2 and Paraguay in 4.
Head to head by decade
| Decade | Madagascar | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.9% | 0.8% | 0.1% | Madagascar |
| 1980s | 0.4% | 0.1% | 0.3% | Madagascar |
| 1990s | 1.7% | 12.2% | 10.5% | Paraguay |
| 2000s | 0.4% | 8.4% | 7.9% | Paraguay |
| 2010s | 0.3% | 0.7% | 0.5% | Paraguay |
| 2020s | 0.6% | 0.9% | 0.3% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or Paraguay?
- Paraguay, at 0.5% against 0.5% in Madagascar as of 2025.
- What is the difference in insurance and financial services between Madagascar and Paraguay?
- 0.0%, with Paraguay ahead.
- How many years of comparable data are there for Madagascar and Paraguay?
- 40 years are reported by both, from 1975 to 2024.
- How do Madagascar and Paraguay rank globally for insurance and financial services?
- Madagascar ranks 160th and Paraguay ranks 158th 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.
Individual pages
About this data
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.