Arab World vs Cyprus: Insurance and financial services
Insurance and financial services over time
- Arab World
- Cyprus
How they compare
Cyprus currently reports 17.1% against 8.9% in Arab World, a difference of 8.2%.
That makes Cyprus's figure about 1.9 times Arab World's.
Across all 14 years both countries report, Cyprus has been ahead every year.
Arab World ranks 14th and Cyprus ranks 15th of 47 groups.
Cyprus has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Arab World | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.2% | 24.6% | 14.4% | Cyprus |
| 2020s | 10.1% | 23.6% | 13.5% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Arab World or Cyprus?
- Cyprus, at 17.1% against 8.9% in Arab World as of 2025.
- What is the difference in insurance and financial services between Arab World and Cyprus?
- 8.2%, with Cyprus ahead.
- How many years of comparable data are there for Arab World and Cyprus?
- 14 years are reported by both, from 2011 to 2024.
- How do Arab World and Cyprus rank globally for insurance and financial services?
- Arab World ranks 14th and Cyprus ranks 15th of 47 groups.
- 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 imports). 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 imports which are commercial services provided by non-residents to residents.