Arab World vs Cyprus: Insurance and financial services

Arab World
9.0%
in 2024
Cyprus
17.0%
in 2025
Arab World rank
14th
Cyprus rank
15th

Insurance and financial services over time

  • Arab World
  • Cyprus
0102030197620002025

How they compare

Cyprus currently reports 17.0% against 9.0% in Arab World, a difference of 8.0%.

That makes Cyprus's figure about 1.9 times Arab World's.

Across all 14 years both countries report, Cyprus has been ahead every year.

Arab World ranks 14th and Cyprus ranks 15th of 47 groups.

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

Head to head by decade

Decade Arab World Cyprus Difference Ahead
2010s 9.2% 24.4% 15.1% Cyprus
2020s 10.3% 23.5% 13.3% Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Arab World or Cyprus?
Cyprus, at 17.0% against 9.0% in Arab World as of 2025.
What is the difference in insurance and financial services between Arab World and Cyprus?
8.0%, with Cyprus ahead.
How many years of comparable data are there for Arab World and Cyprus?
14 years are reported by both, from 2011 to 2024.
How do Arab World and Cyprus rank globally for insurance and financial services?
Arab World ranks 14th and Cyprus ranks 15th of 47 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Arab World vs Cyprus: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/arab-world/cyprus/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.