Insurance company assets to GDP in Madagascar

Madagascar: Insurance company assets to GDP was 1.3% in 2018. ▲ Rising

Latest (2018)
1.3%
Change on year
down 0.0%
World rank
122nd
of 138 countries
All-time high
1.8%
in 2014
All-time low
1.0%
in 2005
Years of data
15
2004–2018

Insurance company assets to GDP in Madagascar, 2004–2018

00.511.522004201120182004: 1.7 %2005: 1 %2006: 1 %2007: 1 %2008: 1.1 %2009: 1.6 %2010: 1.7 %2011: 1.6 %2012: 1.5 %2013: 1.7 %2014: 1.8 %2015: 1.5 %2016: 1.4 %2017: 1.3 %2018: 1.3 %

Source: Nonbanking financial database, World Bank. Measured in %.

Analysis

In 2018, insurance company assets to gdp in Madagascar stood at 1.3%.

Compared with earlier readings it is up 19.7% over ten years.

Over the whole period, insurance company assets to gdp in Madagascar peaked at 1.8% in 2014 and was at its lowest, 1.0%, in 2005.

That places Madagascar 122nd out of 138 countries with data for 2018, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Insurance company assets to GDP in Madagascar, year by year

Annual values for Insurance company assets to GDP (%) in Madagascar, 2004 to 2018.
Year % Change
2004 1.7%
2005 1.0% -40.1%
2006 1.0% +0.6%
2007 1.0% +1.2%
2008 1.1% +8.7%
2009 1.6% +43.5%
2010 1.7% +5.0%
2011 1.6% -4.6%
2012 1.5% -7.7%
2013 1.7% +16.3%
2014 1.8% +2.9%
2015 1.5% -15.0%
2016 1.4% -8.6%
2017 1.3% -3.0%
2018 1.3% -0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.2% 1.0% 1.7% 6
2010s 1.5% 1.3% 1.8% 9

Countries ranked near Madagascar

  1. 119 Zambia 1.5% compare
  2. 120 Algeria 1.5% compare
  3. 121 Uganda 1.4% compare
  4. 123 Papua New Guinea 1.3% compare
  5. 124 Angola 1.3% compare
  6. 125 Armenia 1.1% compare

See the full ranking of 138 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is insurance company assets to gdp in Madagascar?
Insurance company assets to gdp in Madagascar was 1.3% in 2018, according to Nonbanking financial database, World Bank.
What is the highest insurance company assets to gdp recorded in Madagascar?
The highest recorded value was 1.8% in 2014.
What is the lowest insurance company assets to gdp recorded in Madagascar?
The lowest recorded value was 1.0% in 2005.
How does Madagascar rank for insurance company assets to gdp?
Madagascar ranks 122nd out of 138 countries with data for 2018.
Is insurance company assets to gdp rising or falling in Madagascar?
Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.

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Insurance company assets to GDP in Madagascar. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/madagascar/

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About this data

Indicator
Insurance company assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
138 places, 2,595 data points, 1980–2020
Last refreshed

Data taken from a variety of sources such as AXCO and national sources.