Cayman Islands vs North America: Insurance and financial services
Insurance and financial services over time
- Cayman Islands
- North America
How they compare
Cayman Islands currently reports 30.3% against 18.5% in North America, a difference of 11.8%.
That makes Cayman Islands's figure about 1.6 times North America's.
Across all 9 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 3rd and North America ranks 1st of 197 countries.
Cayman Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cayman Islands | North America | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 37.6% | 15.8% | 21.7% | Cayman Islands |
| 2020s | 33.6% | 18.5% | 15.1% | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cayman Islands or North America?
- Cayman Islands, at 30.3% against 18.5% in North America as of 2024.
- What is the difference in insurance and financial services between Cayman Islands and North America?
- 11.8%, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and North America?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and North America rank globally for insurance and financial services?
- Cayman Islands ranks 3rd and North America 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.
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 imports which are commercial services provided by non-residents to residents.