Algeria vs Benin: Insurance and financial services
Insurance and financial services over time
- Algeria
- Benin
How they compare
Benin currently reports 11.4% against 10.8% in Algeria, a difference of 0.6%.
That makes Benin's figure about 1.1 times Algeria's.
The two have swapped places 9 times across 31 shared years of data; in 1977 it was Algeria ahead.
Algeria ranks 31st and Benin ranks 28th of 190 countries.
Across the 6 decades both report, Algeria averaged higher in 5 and Benin in 1.
Head to head by decade
| Decade | Algeria | Benin | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.2% | 3.0% | 2.2% | Algeria |
| 1980s | 7.0% | 3.6% | 3.5% | Algeria |
| 1990s | 5.8% | 6.4% | 0.6% | Benin |
| 2000s | 9.8% | 2.3% | 7.4% | Algeria |
| 2010s | 10.1% | 7.1% | 3.0% | Algeria |
| 2020s | 10.0% | 8.6% | 1.5% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Algeria or Benin?
- Benin, at 11.4% against 10.8% in Algeria as of 2023.
- What is the difference in insurance and financial services between Algeria and Benin?
- 0.6%, with Benin ahead.
- How many years of comparable data are there for Algeria and Benin?
- 31 years are reported by both, from 1977 to 2023.
- How do Algeria and Benin rank globally for insurance and financial services?
- Algeria ranks 31st and Benin ranks 28th of 190 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 commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.