Burkina Faso vs Small states: Insurance and financial services
Insurance and financial services over time
- Burkina Faso
- Small states
How they compare
Burkina Faso currently reports 16.1% against 8.6% in Small states, a difference of 7.5%.
That makes Burkina Faso's figure about 1.9 times Small states's.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Burkina Faso ahead.
Burkina Faso ranks 16th and Small states ranks 18th of 197 countries.
Across the 3 decades both report, Burkina Faso averaged higher in 2 and Small states in 1.
Head to head by decade
| Decade | Burkina Faso | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.4% | 15.4% | 0.1% | Small states |
| 2010s | 16.8% | 13.9% | 2.9% | Burkina Faso |
| 2020s | 17.4% | 10.2% | 7.3% | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Burkina Faso or Small states?
- Burkina Faso, at 16.1% against 8.6% in Small states as of 2024.
- What is the difference in insurance and financial services between Burkina Faso and Small states?
- 7.5%, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Small states?
- 19 years are reported by both, from 2006 to 2024.
- How do Burkina Faso and Small states rank globally for insurance and financial services?
- Burkina Faso ranks 16th and Small states ranks 18th 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.