Cyprus vs Low income: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Cyprus
- Low income
How they compare
Cyprus currently reports 17.1% against 8.9% in Low income, a difference of 8.2%.
That makes Cyprus's figure about 1.9 times Low income's.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Low income ahead.
Cyprus ranks 14th and Low income ranks 14th of 197 countries.
Cyprus has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cyprus | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.4% | 6.8% | 4.6% | Cyprus |
| 2010s | 24.4% | 7.0% | 17.4% | Cyprus |
| 2020s | 23.6% | 7.4% | 16.3% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cyprus or Low income?
- Cyprus, at 17.1% against 8.9% in Low income as of 2025.
- What is the difference in insurance and financial services between Cyprus and Low income?
- 8.2%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Low income?
- 20 years are reported by both, from 2005 to 2024.
- How do Cyprus and Low income rank globally for insurance and financial services?
- Cyprus ranks 14th and Low income ranks 14th 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.