Cyprus vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Cyprus
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
How they compare
Cyprus currently reports 17.1% against 9.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 7.2%.
That makes Cyprus's figure about 1.7 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.
The two have swapped places 6 times across 36 shared years of data; in 1977 it was Cyprus ahead.
Cyprus ranks 14th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 11th of 197 countries.
Across the 6 decades both report, Cyprus averaged higher in 4 and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) in 2.
Head to head by decade
| Decade | Cyprus | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.5% | 4.8% | 1.8% | Cyprus |
| 1980s | 3.1% | 5.8% | 2.8% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1990s | 5.6% | 6.6% | 0.9% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 2000s | 11.4% | 9.0% | 2.4% | Cyprus |
| 2010s | 24.4% | 10.0% | 14.4% | Cyprus |
| 2020s | 22.6% | 10.0% | 12.6% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Cyprus or Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Cyprus, at 17.1% against 9.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Cyprus and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 7.2%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 36 years are reported by both, from 1977 to 2025.
- How do Cyprus and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank globally for insurance and financial services?
- Cyprus ranks 14th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 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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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.