Bermuda vs Switzerland: Insurance and financial services
Insurance and financial services over time
- Bermuda
- Switzerland
How they compare
Switzerland currently reports 21.4% against 20.0% in Bermuda, a difference of 1.4%.
That makes Switzerland's figure about 1.1 times Bermuda's.
The two have swapped places 2 times across 18 shared years of data; in 2006 it was Switzerland ahead.
Bermuda ranks 14th and Switzerland ranks 11th of 190 countries.
Across the 3 decades both report, Bermuda averaged higher in 1 and Switzerland in 2.
Head to head by decade
| Decade | Bermuda | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.1% | 36.3% | 18.2% | Switzerland |
| 2010s | 19.5% | 24.6% | 5.1% | Switzerland |
| 2020s | 24.7% | 22.7% | 1.9% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bermuda or Switzerland?
- Switzerland, at 21.4% against 20.0% in Bermuda as of 2025.
- What is the difference in insurance and financial services between Bermuda and Switzerland?
- 1.4%, with Switzerland ahead.
- How many years of comparable data are there for Bermuda and Switzerland?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Switzerland rank globally for insurance and financial services?
- Bermuda ranks 14th and Switzerland ranks 11th 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.