Insurance & Financial Services Trade Statistics in Cayman Islands (2026)
The Cayman Islands recorded insurance and financial services exports of 55.2% of service exports in 2024, World Bank World Development Indicators data show. Down from 55.4% in 2023 to 55.2% in 2024 (−0.2 percentage points). Cayman Islands ranks #1 of 33 economies in Latin America & Caribbean on this measure, and #3 of 176 globally.
Key Statistics
- Latest value (2024)
- 55.2% (2024)
- Insurance & Financial Services Trade in the Cayman Islands as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.2 pp (2024)
- Down from 55.4% in 2023 to 55.2% in 2024 (−0.2 percentage points).
- Earliest value in this dataset (2016)
- 52.2% (2016)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 52.2% in 2016 to 55.2% in 2024.
- Peak value (2021)
- 67.8% (2021)
- Highest value in the available series; the 2024 value is 55.2%.
- Rank in Latin America & Caribbean
- #1 of 33 (2024)
- The Cayman Islands ranks 1 of 33 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #3 of 176 (2024)
- The Cayman Islands ranks 3 of 176 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- The Cayman Islands (55.2%) is above the average of 5.8% across the 33 countries in Latin America & Caribbean with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 30.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Cayman Islands (2017)
- 81.1% (2017)
- 81.1% of the population in the Cayman Islands used the internet in 2017 (World Bank); shown for context only.
- Population (2024)
- 74,457 (2024)
- The Cayman Islands had a population of 74,457 in 2024 (World Bank); shown for scale only.
Trend, 2016–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 55.2% | −0.2 pp |
| 2023 | 55.4% | −1.8 pp |
| 2022 | 57.2% | −10.6 pp |
| 2021 | 67.8% | +4.5 pp |
| 2020 | 63.3% | +12.0 pp |
| 2019 | 51.3% | −0.8 pp |
| 2018 | 52.1% | −0.6 pp |
| 2017 | 52.7% | +0.4 pp |
| 2016 | 52.2% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in the Cayman Islands?
Insurance and financial services exports in the Cayman Islands stood at 55.2% of service exports in 2024, according to World Bank World Development Indicators data.
How has insurance & financial services trade in the Cayman Islands changed over time?
World Bank World Development Indicators data show a rise from 52.2% in 2016 to 55.2% in 2024.
How does the Cayman Islands compare with other countries in Latin America & Caribbean?
The Cayman Islands ranks 1 of 33 countries in Latin America & Caribbean with data, with 55.2% versus a regional average of 5.8% (latest values per country).
Where does the Cayman Islands rank globally on insurance & financial services trade?
The Cayman Islands ranks 3 of 176 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .