Burkina Faso vs Mexico: Insurance and financial services
Insurance and financial services over time
- Burkina Faso
- Mexico
How they compare
Burkina Faso currently reports 16.8% against 15.8% in Mexico, a difference of 1.0%.
That makes Burkina Faso's figure about 1.1 times Mexico's.
The two have swapped places 10 times across 20 shared years of data; in 2005 it was Mexico ahead.
Burkina Faso ranks 16th and Mexico ranks 18th of 197 countries.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.4% | 15.9% | 0.4% | Mexico |
| 2010s | 17.0% | 17.2% | 0.2% | Mexico |
| 2020s | 17.9% | 18.3% | 0.4% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Burkina Faso or Mexico?
- Burkina Faso, at 16.8% against 15.8% in Mexico as of 2024.
- What is the difference in insurance and financial services between Burkina Faso and Mexico?
- 1.0%, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Mexico?
- 20 years are reported by both, from 2005 to 2024.
- How do Burkina Faso and Mexico rank globally for insurance and financial services?
- Burkina Faso ranks 16th and Mexico ranks 18th 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.