Bermuda vs Saint Kitts and Nevis: Insurance and financial services

Bermuda
17.6%
in 2023
Saint Kitts and Nevis
18.5%
in 2025
Bermuda rank
14th
Saint Kitts and Nevis rank
11th

Insurance and financial services over time

  • Bermuda
  • Saint Kitts and Nevis
5101520198020022025

How they compare

Saint Kitts and Nevis currently reports 18.5% against 17.6% in Bermuda, a difference of 0.9%.

That makes Saint Kitts and Nevis's figure about 1.1 times Bermuda's.

The two have swapped places 2 times across 18 shared years of data; in 2006 it was Bermuda ahead.

Bermuda ranks 14th and Saint Kitts and Nevis ranks 11th of 197 countries.

Bermuda has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Bermuda Saint Kitts and Nevis Difference Ahead
2000s 13.4% 10.1% 3.3% Bermuda
2010s 16.0% 9.2% 6.8% Bermuda
2020s 18.6% 16.8% 1.7% Bermuda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Bermuda or Saint Kitts and Nevis?
Saint Kitts and Nevis, at 18.5% against 17.6% in Bermuda as of 2025.
What is the difference in insurance and financial services between Bermuda and Saint Kitts and Nevis?
0.9%, with Saint Kitts and Nevis ahead.
How many years of comparable data are there for Bermuda and Saint Kitts and Nevis?
18 years are reported by both, from 2006 to 2023.
How do Bermuda and Saint Kitts and Nevis rank globally for insurance and financial services?
Bermuda ranks 14th and Saint Kitts and Nevis ranks 11th of 197 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 imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Saint Kitts and Nevis: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/bermuda/st-kitts-and-nevis/

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About this data

Indicator
Insurance and financial services (% of commercial service imports)
Unit
% of commercial service imports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are commercial services provided by non-residents to residents.