Bermuda vs Burkina Faso: Insurance and financial services

Bermuda
17.6%
in 2023
Burkina Faso
16.1%
in 2024
Bermuda rank
13th
Burkina Faso rank
16th

Insurance and financial services over time

  • Bermuda
  • Burkina Faso
05101520200520142024

How they compare

Bermuda currently reports 17.6% against 16.1% in Burkina Faso, a difference of 1.5%.

That makes Bermuda's figure about 1.1 times Burkina Faso's.

The two have swapped places 5 times across 18 shared years of data; in 2006 it was Burkina Faso ahead.

Bermuda ranks 13th and Burkina Faso ranks 16th of 197 countries.

Across the 3 decades both report, Bermuda averaged higher in 1 and Burkina Faso in 2.

Head to head by decade

Decade Bermuda Burkina Faso Difference Ahead
2000s 13.1% 15.4% 2.3% Burkina Faso
2010s 15.9% 16.8% 0.9% Burkina Faso
2020s 18.6% 17.8% 0.8% Bermuda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bermuda or Burkina Faso?
Bermuda, at 17.6% against 16.1% in Burkina Faso as of 2023.
What is the difference in insurance and financial services between Bermuda and Burkina Faso?
1.5%, with Bermuda ahead.
How many years of comparable data are there for Bermuda and Burkina Faso?
18 years are reported by both, from 2006 to 2023.
How do Bermuda and Burkina Faso rank globally for insurance and financial services?
Bermuda ranks 13th and Burkina Faso ranks 16th of 197 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Burkina Faso: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/bermuda/burkina-faso/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.