Burkina Faso vs IDA only: Insurance and financial services

Burkina Faso
16.1%
in 2024
IDA only
8.7%
in 2024
Burkina Faso rank
16th
IDA only rank
17th

Insurance and financial services over time

  • Burkina Faso
  • IDA only
5101520197720002024

How they compare

Burkina Faso currently reports 16.1% against 8.7% in IDA only, a difference of 7.4%.

That makes Burkina Faso's figure about 1.9 times IDA only's.

Across all 20 years both countries report, Burkina Faso has been ahead every year.

Burkina Faso ranks 16th and IDA only ranks 17th 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 IDA only Difference Ahead
2000s 15.0% 6.0% 9.0% Burkina Faso
2010s 16.8% 6.2% 10.6% Burkina Faso
2020s 17.4% 7.1% 10.3% Burkina Faso

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Burkina Faso or IDA only?
Burkina Faso, at 16.1% against 8.7% in IDA only as of 2024.
What is the difference in insurance and financial services between Burkina Faso and IDA only?
7.4%, with Burkina Faso ahead.
How many years of comparable data are there for Burkina Faso and IDA only?
20 years are reported by both, from 2005 to 2024.
How do Burkina Faso and IDA only rank globally for insurance and financial services?
Burkina Faso ranks 16th and IDA only ranks 17th 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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Burkina Faso vs IDA only: 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/burkina-faso/ida-only/

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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.