Bermuda vs Cyprus: Insurance and financial services
Insurance and financial services over time
- Bermuda
- Cyprus
How they compare
Cyprus currently reports 19.6% against 19.3% in Bermuda, a difference of 0.3%.
The two have swapped places 2 times across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 14th and Cyprus ranks 13th of 190 countries.
Cyprus has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.5% | 18.1% | 0.7% | Cyprus |
| 2010s | 18.7% | 29.1% | 10.4% | Cyprus |
| 2020s | 23.6% | 27.4% | 3.8% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bermuda or Cyprus?
- Cyprus, at 19.6% against 19.3% in Bermuda as of 2025.
- What is the difference in insurance and financial services between Bermuda and Cyprus?
- 0.3%, with Cyprus ahead.
- How many years of comparable data are there for Bermuda and Cyprus?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Cyprus rank globally for insurance and financial services?
- Bermuda ranks 14th and Cyprus ranks 13th of 190 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 service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.