Madagascar vs Saint Lucia: Insurance and financial services

Madagascar
0.5%
in 2024
Saint Lucia
0.5%
in 2025
Madagascar rank
160th
Saint Lucia rank
159th

Insurance and financial services over time

  • Madagascar
  • Saint Lucia
0246197419992025

How they compare

Saint Lucia currently reports 0.5% against 0.5% in Madagascar, a difference of 0.0%.

The two have swapped places 4 times across 39 shared years of data; in 1986 it was Saint Lucia ahead.

Madagascar ranks 160th and Saint Lucia ranks 159th of 190 countries.

Across the 5 decades both report, Madagascar averaged higher in 1 and Saint Lucia in 4.

Head to head by decade

Decade Madagascar Saint Lucia Difference Ahead
1980s 0.5% 1.4% 0.9% Saint Lucia
1990s 2.3% 1.3% 1.0% Madagascar
2000s 0.4% 1.5% 1.1% Saint Lucia
2010s 0.3% 0.9% 0.6% Saint Lucia
2020s 0.6% 1.0% 0.4% Saint Lucia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Madagascar or Saint Lucia?
Saint Lucia, at 0.5% against 0.5% in Madagascar as of 2025.
What is the difference in insurance and financial services between Madagascar and Saint Lucia?
0.0%, with Saint Lucia ahead.
How many years of comparable data are there for Madagascar and Saint Lucia?
39 years are reported by both, from 1986 to 2024.
How do Madagascar and Saint Lucia rank globally for insurance and financial services?
Madagascar ranks 160th and Saint Lucia ranks 159th 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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Madagascar vs Saint Lucia: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/madagascar/st-lucia/

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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.