Africa Western and Central vs Cayman Islands: Insurance and financial services

Africa Western and Central
18.5%
in 2024
Cayman Islands
55.2%
in 2024
Africa Western and Central rank
2nd
Cayman Islands rank
3rd

Insurance and financial services over time

  • Africa Western and Central
  • Cayman Islands
0204060197720002024

How they compare

Cayman Islands currently reports 55.2% against 18.5% in Africa Western and Central, a difference of 36.7%.

That makes Cayman Islands's figure about 3.0 times Africa Western and Central's.

Across all 9 years both countries report, Cayman Islands has been ahead every year.

Africa Western and Central ranks 2nd and Cayman Islands ranks 3rd of 45 groups.

Cayman Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Africa Western and Central Cayman Islands Difference Ahead
2010s 5.0% 52.1% 47.1% Cayman Islands
2020s 14.3% 59.8% 45.4% Cayman Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Africa Western and Central or Cayman Islands?
Cayman Islands, at 55.2% against 18.5% in Africa Western and Central as of 2024.
What is the difference in insurance and financial services between Africa Western and Central and Cayman Islands?
36.7%, with Cayman Islands ahead.
How many years of comparable data are there for Africa Western and Central and Cayman Islands?
9 years are reported by both, from 2016 to 2024.
How do Africa Western and Central and Cayman Islands rank globally for insurance and financial services?
Africa Western and Central ranks 2nd and Cayman Islands ranks 3rd of 45 groups.
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 service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa Western and Central vs Cayman Islands: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/africa-western-and-central/cayman-islands/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.