Benin vs IDA total: Insurance and financial services

Benin
11.2%
in 2023
IDA total
5.3%
in 2024
Benin rank
24th
IDA total rank
22nd

Insurance and financial services over time

  • Benin
  • IDA total
0510152025197419992024

How they compare

Benin currently reports 11.2% against 5.3% in IDA total, a difference of 5.9%.

That makes Benin's figure about 2.1 times IDA total's.

The two have swapped places 9 times across 37 shared years of data; in 1983 it was IDA total ahead.

Benin ranks 24th and IDA total ranks 22nd of 190 countries.

Across the 5 decades both report, Benin averaged higher in 4 and IDA total in 1.

Head to head by decade

Decade Benin IDA total Difference Ahead
1980s 3.4% 2.0% 1.4% Benin
1990s 4.8% 1.7% 3.0% Benin
2000s 2.0% 2.5% 0.5% IDA total
2010s 6.8% 3.0% 3.8% Benin
2020s 7.7% 5.7% 2.0% Benin

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Benin or IDA total?
Benin, at 11.2% against 5.3% in IDA total as of 2023.
What is the difference in insurance and financial services between Benin and IDA total?
5.9%, with Benin ahead.
How many years of comparable data are there for Benin and IDA total?
37 years are reported by both, from 1983 to 2023.
How do Benin and IDA total rank globally for insurance and financial services?
Benin ranks 24th and IDA total ranks 22nd of 190 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 exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Benin vs IDA total: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/benin/ida-total/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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 exports which are services provided by residents to non-residents.