Burkina Faso vs Cyprus: Insurance and financial services
Insurance and financial services over time
- Burkina Faso
- Cyprus
How they compare
Cyprus currently reports 19.6% against 15.4% in Burkina Faso, a difference of 4.2%.
That makes Cyprus's figure about 1.3 times Burkina Faso's.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Burkina Faso ahead.
Burkina Faso ranks 16th and Cyprus ranks 13th of 190 countries.
Cyprus has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.2% | 15.6% | 8.4% | Cyprus |
| 2010s | 16.1% | 29.1% | 13.0% | Cyprus |
| 2020s | 17.4% | 25.8% | 8.5% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Burkina Faso or Cyprus?
- Cyprus, at 19.6% against 15.4% in Burkina Faso as of 2025.
- What is the difference in insurance and financial services between Burkina Faso and Cyprus?
- 4.2%, with Cyprus ahead.
- How many years of comparable data are there for Burkina Faso and Cyprus?
- 20 years are reported by both, from 2005 to 2024.
- How do Burkina Faso and Cyprus rank globally for insurance and financial services?
- Burkina Faso ranks 16th and Cyprus ranks 13th 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.
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 exports which are services provided by residents to non-residents.