Burkina Faso vs Europe & Central Asia: Insurance and financial services
Insurance and financial services over time
- Burkina Faso
- Europe & Central Asia
How they compare
Burkina Faso currently reports 16.1% against 9.2% in Europe & Central Asia, a difference of 6.9%.
That makes Burkina Faso's figure about 1.7 times Europe & Central Asia's.
Across all 20 years both countries report, Burkina Faso has been ahead every year.
Burkina Faso ranks 16th and Europe & Central Asia ranks 13th of 197 countries.
Burkina Faso has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Europe & Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.0% | 8.3% | 6.7% | Burkina Faso |
| 2010s | 16.8% | 8.3% | 8.4% | Burkina Faso |
| 2020s | 17.4% | 8.9% | 8.5% | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Burkina Faso or Europe & Central Asia?
- Burkina Faso, at 16.1% against 9.2% in Europe & Central Asia as of 2024.
- What is the difference in insurance and financial services between Burkina Faso and Europe & Central Asia?
- 6.9%, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Europe & Central Asia?
- 20 years are reported by both, from 2005 to 2024.
- How do Burkina Faso and Europe & Central Asia rank globally for insurance and financial services?
- Burkina Faso ranks 16th and Europe & Central Asia ranks 13th 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.
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 imports which are services provided by non-residents to residents.