Belize vs Burkina Faso: Insurance and financial services
Insurance and financial services over time
- Belize
- Burkina Faso
How they compare
Burkina Faso currently reports 16.8% against 15.1% in Belize, a difference of 1.7%.
That makes Burkina Faso's figure about 1.1 times Belize's.
The two have swapped places 7 times across 20 shared years of data; in 2005 it was Belize ahead.
Belize ranks 19th and Burkina Faso ranks 16th of 197 countries.
Across the 3 decades both report, Belize averaged higher in 2 and Burkina Faso in 1.
Head to head by decade
| Decade | Belize | Burkina Faso | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 15.4% | 4.7% | Belize |
| 2010s | 17.5% | 17.0% | 0.5% | Belize |
| 2020s | 13.1% | 17.9% | 4.8% | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Belize or Burkina Faso?
- Burkina Faso, at 16.8% against 15.1% in Belize as of 2024.
- What is the difference in insurance and financial services between Belize and Burkina Faso?
- 1.7%, with Burkina Faso ahead.
- How many years of comparable data are there for Belize and Burkina Faso?
- 20 years are reported by both, from 2005 to 2024.
- How do Belize and Burkina Faso rank globally for insurance and financial services?
- Belize ranks 19th and Burkina Faso ranks 16th 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 commercial service imports). 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 imports which are commercial services provided by non-residents to residents.