Cayman Islands vs Luxembourg: Insurance and financial services

Cayman Islands
55.2%
in 2024
Luxembourg
59.8%
in 2025
Cayman Islands rank
3rd
Luxembourg rank
2nd

Insurance and financial services over time

  • Cayman Islands
  • Luxembourg
020406080199920122025

How they compare

Luxembourg currently reports 59.8% against 55.2% in Cayman Islands, a difference of 4.6%.

That makes Luxembourg's figure about 1.1 times Cayman Islands's.

The two have swapped places 2 times across 9 shared years of data; in 2016 it was Luxembourg ahead.

Cayman Islands ranks 3rd and Luxembourg ranks 2nd of 190 countries.

Across the 2 decades both report, Cayman Islands averaged higher in 1 and Luxembourg in 1.

Head to head by decade

Decade Cayman Islands Luxembourg Difference Ahead
2010s 52.1% 60.6% 8.5% Luxembourg
2020s 59.8% 55.2% 4.5% Cayman Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Cayman Islands or Luxembourg?
Luxembourg, at 59.8% against 55.2% in Cayman Islands as of 2025.
What is the difference in insurance and financial services between Cayman Islands and Luxembourg?
4.6%, with Luxembourg ahead.
How many years of comparable data are there for Cayman Islands and Luxembourg?
9 years are reported by both, from 2016 to 2024.
How do Cayman Islands and Luxembourg rank globally for insurance and financial services?
Cayman Islands ranks 3rd and Luxembourg ranks 2nd 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.

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Cayman Islands vs Luxembourg: 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/cayman-islands/luxembourg/

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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.