Algeria vs India: Insurance and financial services
Insurance and financial services over time
- Algeria
- India
How they compare
India currently reports 2.9% against 2.7% in Algeria, a difference of 0.2%.
That makes India's figure about 1.1 times Algeria's.
The two have swapped places 3 times across 35 shared years of data; in 1977 it was Algeria ahead.
Algeria ranks 160th and India ranks 157th of 197 countries.
Across the 6 decades both report, Algeria averaged higher in 3 and India in 3.
Head to head by decade
| Decade | Algeria | India | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.5% | 5.2% | 1.3% | Algeria |
| 1980s | 5.8% | 4.8% | 1.0% | Algeria |
| 1990s | 8.4% | 5.8% | 2.7% | Algeria |
| 2000s | 3.2% | 8.3% | 5.1% | India |
| 2010s | 2.3% | 7.3% | 5.0% | India |
| 2020s | 2.9% | 4.8% | 1.9% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Algeria or India?
- India, at 2.9% against 2.7% in Algeria as of 2025.
- What is the difference in insurance and financial services between Algeria and India?
- 0.2%, with India ahead.
- How many years of comparable data are there for Algeria and India?
- 35 years are reported by both, from 1977 to 2024.
- How do Algeria and India rank globally for insurance and financial services?
- Algeria ranks 160th and India ranks 157th 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 service imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 imports which are services provided by non-residents to residents.