Cyprus vs Guinea: Insurance and financial services

Cyprus
19.7%
in 2025
Guinea
18.3%
in 2024
Cyprus rank
15th
Guinea rank
17th

Insurance and financial services over time

  • Cyprus
  • Guinea
0102030198820062025

How they compare

Cyprus currently reports 19.7% against 18.3% in Guinea, a difference of 1.4%.

That makes Cyprus's figure about 1.1 times Guinea's.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Cyprus ahead.

Cyprus ranks 15th and Guinea ranks 17th of 190 countries.

Cyprus has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Cyprus Guinea Difference Ahead
1990s 3.8% 1.8% 2.0% Cyprus
2000s 10.4% 3.4% 6.9% Cyprus
2010s 29.6% 14.6% 15.0% Cyprus
2020s 26.0% 10.2% 15.8% Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Cyprus or Guinea?
Cyprus, at 19.7% against 18.3% in Guinea as of 2025.
What is the difference in insurance and financial services between Cyprus and Guinea?
1.4%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Guinea?
30 years are reported by both, from 1995 to 2024.
How do Cyprus and Guinea rank globally for insurance and financial services?
Cyprus ranks 15th and Guinea ranks 17th 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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Cyprus vs Guinea: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/cyprus/guinea/

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About this data

Indicator
Insurance and financial services (% of commercial service exports)
Unit
% of commercial service exports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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.