Maldives vs Singapore: Insurance and financial services
Insurance and financial services over time
- Maldives
- Singapore
How they compare
Singapore currently reports 6.4% against 6.4% in Maldives, a difference of 0.0%.
The two have swapped places 9 times across 48 shared years of data; in 1977 it was Maldives ahead.
Maldives ranks 93rd and Singapore ranks 92nd of 197 countries.
Across the 6 decades both report, Maldives averaged higher in 2 and Singapore in 4.
Head to head by decade
| Decade | Maldives | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.7% | 4.2% | 2.5% | Maldives |
| 1980s | 1.3% | 5.6% | 4.3% | Singapore |
| 1990s | 3.3% | 7.9% | 4.7% | Singapore |
| 2000s | 3.9% | 4.7% | 0.8% | Singapore |
| 2010s | 4.8% | 5.1% | 0.3% | Singapore |
| 2020s | 7.3% | 6.8% | 0.5% | Maldives |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Maldives or Singapore?
- Singapore, at 6.4% against 6.4% in Maldives as of 2025.
- What is the difference in insurance and financial services between Maldives and Singapore?
- 0.0%, with Singapore ahead.
- How many years of comparable data are there for Maldives and Singapore?
- 48 years are reported by both, from 1977 to 2024.
- How do Maldives and Singapore rank globally for insurance and financial services?
- Maldives ranks 93rd and Singapore ranks 92nd 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.
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 imports which are services provided by non-residents to residents.