Cyprus vs Switzerland: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Cyprus
- Switzerland
How they compare
Switzerland currently reports 21.3% against 19.7% in Cyprus, a difference of 1.6%.
That makes Switzerland's figure about 1.1 times Cyprus's.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Switzerland ahead.
Cyprus ranks 15th and Switzerland ranks 12th of 190 countries.
Across the 4 decades both report, Cyprus averaged higher in 2 and Switzerland in 2.
Head to head by decade
| Decade | Cyprus | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.8% | 33.7% | 29.9% | Switzerland |
| 2000s | 10.4% | 36.4% | 26.1% | Switzerland |
| 2010s | 29.6% | 24.6% | 5.0% | Cyprus |
| 2020s | 25.0% | 22.2% | 2.8% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cyprus or Switzerland?
- Switzerland, at 21.3% against 19.7% in Cyprus as of 2025.
- What is the difference in insurance and financial services between Cyprus and Switzerland?
- 1.6%, with Switzerland ahead.
- How many years of comparable data are there for Cyprus and Switzerland?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Switzerland rank globally for insurance and financial services?
- Cyprus ranks 15th and Switzerland ranks 12th 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.