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Insurance and Financial Services (As % of Service Imports, BoP) in Madagascar

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 1.95% in 2021 in Madagascar, according to the National Central Bank / OECD. This is 10.3% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Madagascar reached an all time high of 5.04% in 1977 and an all time low of 0.180% in 2008.

Madagascar has been ranked 132nd within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

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