Africa Eastern and Southern vs Burkina Faso: Insurance and financial services
Insurance and financial services over time
- Africa Eastern and Southern
- Burkina Faso
How they compare
Burkina Faso currently reports 18.2% against 6.6% in Africa Eastern and Southern, a difference of 11.6%.
That makes Burkina Faso's figure about 2.8 times Africa Eastern and Southern's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Burkina Faso ahead.
Africa Eastern and Southern ranks 21st and Burkina Faso ranks 18th of 45 groups.
Burkina Faso has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Africa Eastern and Southern | Burkina Faso | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.7% | 7.8% | 2.0% | Burkina Faso |
| 2010s | 7.0% | 17.1% | 10.1% | Burkina Faso |
| 2020s | 8.0% | 19.9% | 11.9% | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Africa Eastern and Southern or Burkina Faso?
- Burkina Faso, at 18.2% against 6.6% in Africa Eastern and Southern as of 2024.
- What is the difference in insurance and financial services between Africa Eastern and Southern and Burkina Faso?
- 11.6%, with Burkina Faso ahead.
- How many years of comparable data are there for Africa Eastern and Southern and Burkina Faso?
- 20 years are reported by both, from 2005 to 2024.
- How do Africa Eastern and Southern and Burkina Faso rank globally for insurance and financial services?
- Africa Eastern and Southern ranks 21st and Burkina Faso ranks 18th of 45 groups.
- 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 commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.