Cayman Islands vs Luxembourg: Insurance and financial services
Insurance and financial services over time
- Cayman Islands
- Luxembourg
How they compare
Luxembourg currently reports 60.1% against 55.2% in Cayman Islands, a difference of 4.9%.
That makes Luxembourg's figure about 1.1 times Cayman Islands's.
The two have swapped places 2 times across 9 shared years of data; in 2016 it was Luxembourg ahead.
Cayman Islands ranks 4th and Luxembourg ranks 3rd of 190 countries.
Across the 2 decades both report, Cayman Islands averaged higher in 1 and Luxembourg in 1.
Head to head by decade
| Decade | Cayman Islands | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 52.1% | 60.9% | 8.8% | Luxembourg |
| 2020s | 59.8% | 55.6% | 4.2% | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cayman Islands or Luxembourg?
- Luxembourg, at 60.1% against 55.2% in Cayman Islands as of 2025.
- What is the difference in insurance and financial services between Cayman Islands and Luxembourg?
- 4.9%, with Luxembourg ahead.
- How many years of comparable data are there for Cayman Islands and Luxembourg?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and Luxembourg rank globally for insurance and financial services?
- Cayman Islands ranks 4th and Luxembourg ranks 3rd 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.
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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 exports which are commercial services provided by residents to non-residents.