Benin vs Other small states: Insurance and financial services
Insurance and financial services over time
- Benin
- Other small states
How they compare
Benin currently reports 11.4% against 4.5% in Other small states, a difference of 6.9%.
That makes Benin's figure about 2.6 times Other small states's.
The two have swapped places 6 times across 18 shared years of data; in 2001 it was Benin ahead.
Benin ranks 28th and Other small states ranks 27th of 190 countries.
Across the 3 decades both report, Benin averaged higher in 1 and Other small states in 2.
Head to head by decade
| Decade | Benin | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 5.2% | 2.8% | Other small states |
| 2010s | 7.1% | 8.1% | 1.0% | Other small states |
| 2020s | 8.6% | 5.7% | 2.9% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Benin or Other small states?
- Benin, at 11.4% against 4.5% in Other small states as of 2023.
- What is the difference in insurance and financial services between Benin and Other small states?
- 6.9%, with Benin ahead.
- How many years of comparable data are there for Benin and Other small states?
- 18 years are reported by both, from 2001 to 2023.
- How do Benin and Other small states rank globally for insurance and financial services?
- Benin ranks 28th and Other small states ranks 27th 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.