Cyprus vs IDA blend: Insurance and financial services
Insurance and financial services over time
- Cyprus
- IDA blend
How they compare
Cyprus currently reports 17.1% against 8.8% in IDA blend, a difference of 8.3%.
That makes Cyprus's figure about 1.9 times IDA blend's.
The two have swapped places 2 times across 46 shared years of data; in 1977 it was Cyprus ahead.
Cyprus ranks 15th and IDA blend ranks 15th of 197 countries.
Across the 6 decades both report, Cyprus averaged higher in 5 and IDA blend in 1.
Head to head by decade
| Decade | Cyprus | IDA blend | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.5% | 3.9% | 2.7% | Cyprus |
| 1980s | 3.1% | 4.4% | 1.3% | IDA blend |
| 1990s | 6.5% | 4.4% | 2.1% | Cyprus |
| 2000s | 9.6% | 4.8% | 4.7% | Cyprus |
| 2010s | 24.4% | 5.9% | 18.5% | Cyprus |
| 2020s | 23.6% | 7.6% | 16.1% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cyprus or IDA blend?
- Cyprus, at 17.1% against 8.8% in IDA blend as of 2025.
- What is the difference in insurance and financial services between Cyprus and IDA blend?
- 8.3%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and IDA blend?
- 46 years are reported by both, from 1977 to 2024.
- How do Cyprus and IDA blend rank globally for insurance and financial services?
- Cyprus ranks 15th and IDA blend ranks 15th 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.