Insurance company assets to GDP (%) in Madagascar
Madagascar: Insurance company assets to GDP (%) was 1.3% in 2018. ▲ Rising
Insurance company assets to GDP in Madagascar, 2004–2018
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
| 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% |
Madagascar compared with similar countries
- Madagascar's 1.3% is above the median for low income countries, which is 1.0%, 1.3× the median. (12 countries reporting)
- Madagascar's 1.3% is below the median for Sub-Saharan Africa, which is 1.9%, 71% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.0% | 1.7% | 6 |
| 2010s | 1.5% | 1.3% | 1.8% | 9 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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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About this data
Data taken from a variety of sources such as AXCO and national sources.