Cyprus vs World: Insurance and financial services
Insurance and financial services over time
- Cyprus
- World
How they compare
Cyprus currently reports 19.7% against 9.0% in World, a difference of 10.7%.
That makes Cyprus's figure about 2.2 times World's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was World ahead.
Cyprus ranks 15th and World ranks 16th of 190 countries.
Across the 4 decades both report, Cyprus averaged higher in 3 and World in 1.
Head to head by decade
| Decade | Cyprus | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.8% | 5.9% | 2.1% | World |
| 2000s | 10.4% | 7.9% | 2.5% | Cyprus |
| 2010s | 29.6% | 8.8% | 20.9% | Cyprus |
| 2020s | 25.0% | 9.7% | 15.3% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cyprus or World?
- Cyprus, at 19.7% against 9.0% in World as of 2025.
- What is the difference in insurance and financial services between Cyprus and World?
- 10.7%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and World?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and World rank globally for insurance and financial services?
- Cyprus ranks 15th and World ranks 16th 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.