Benin vs Kiribati: Insurance and financial services
Insurance and financial services over time
- Benin
- Kiribati
How they compare
Benin currently reports 2.7% against 2.6% in Kiribati, a difference of 0.1%.
The two have swapped places 10 times across 34 shared years of data; in 1979 it was Benin ahead.
Benin ranks 163rd and Kiribati ranks 164th of 197 countries.
Across the 6 decades both report, Benin averaged higher in 3 and Kiribati in 3.
Head to head by decade
| Decade | Benin | Kiribati | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.9% | 6.8% | 5.1% | Benin |
| 1980s | 9.7% | 5.1% | 4.6% | Benin |
| 1990s | 5.8% | 7.6% | 1.8% | Kiribati |
| 2000s | 7.3% | 7.3% | 0.0% | Benin |
| 2010s | 3.3% | 4.2% | 1.0% | Kiribati |
| 2020s | 2.1% | 2.2% | 0.1% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Benin or Kiribati?
- Benin, at 2.7% against 2.6% in Kiribati as of 2023.
- What is the difference in insurance and financial services between Benin and Kiribati?
- 0.1%, with Benin ahead.
- How many years of comparable data are there for Benin and Kiribati?
- 34 years are reported by both, from 1979 to 2023.
- How do Benin and Kiribati rank globally for insurance and financial services?
- Benin ranks 163rd and Kiribati ranks 164th 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.