Arab World vs Burkina Faso: Insurance and financial services
Insurance and financial services over time
- Arab World
- Burkina Faso
How they compare
Burkina Faso currently reports 16.8% against 8.9% in Arab World, a difference of 7.9%.
That makes Burkina Faso's figure about 1.9 times Arab World's.
Across all 14 years both countries report, Burkina Faso has been ahead every year.
Arab World ranks 14th and Burkina Faso ranks 16th of 47 groups.
Burkina Faso has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Arab World | Burkina Faso | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.2% | 17.5% | 7.3% | Burkina Faso |
| 2020s | 10.1% | 17.9% | 7.8% | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Arab World or Burkina Faso?
- Burkina Faso, at 16.8% against 8.9% in Arab World as of 2024.
- What is the difference in insurance and financial services between Arab World and Burkina Faso?
- 7.9%, with Burkina Faso ahead.
- How many years of comparable data are there for Arab World and Burkina Faso?
- 14 years are reported by both, from 2011 to 2024.
- How do Arab World and Burkina Faso rank globally for insurance and financial services?
- Arab World ranks 14th and Burkina Faso ranks 16th of 47 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 imports). 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 imports which are commercial services provided by non-residents to residents.