Cayman Islands vs Luxembourg: Insurance and financial services
Insurance and financial services over time
- Cayman Islands
- Luxembourg
How they compare
Luxembourg currently reports 49.4% against 30.3% in Cayman Islands, a difference of 19.1%.
That makes Luxembourg's figure about 1.6 times Cayman Islands's.
Across all 9 years both countries report, Luxembourg has been ahead every year.
Cayman Islands ranks 3rd and Luxembourg ranks 1st of 197 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cayman Islands | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 37.6% | 52.6% | 15.1% | Luxembourg |
| 2020s | 33.6% | 46.9% | 13.3% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cayman Islands or Luxembourg?
- Luxembourg, at 49.4% against 30.3% in Cayman Islands as of 2025.
- What is the difference in insurance and financial services between Cayman Islands and Luxembourg?
- 19.1%, with Luxembourg ahead.
- How many years of comparable data are there for Cayman Islands and Luxembourg?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and Luxembourg rank globally for insurance and financial services?
- Cayman Islands ranks 3rd and Luxembourg ranks 1st 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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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.