Caribbean Small States vs Trinidad and Tobago: Insurance and financial services

Caribbean Small States
4.6%
in 2025
Trinidad and Tobago
12.7%
in 2025
Caribbean Small States rank
24th
Trinidad and Tobago rank
21st

Insurance and financial services over time

  • Caribbean Small States
  • Trinidad and Tobago
510152025199520102025

How they compare

Trinidad and Tobago currently reports 12.7% against 4.6% in Caribbean Small States, a difference of 8.1%.

That makes Trinidad and Tobago's figure about 2.8 times Caribbean Small States's.

Across all 31 years both countries report, Trinidad and Tobago has been ahead every year.

Caribbean Small States ranks 24th and Trinidad and Tobago ranks 21st of 45 groups.

Trinidad and Tobago has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Caribbean Small States Trinidad and Tobago Difference Ahead
1990s 3.1% 6.2% 3.2% Trinidad and Tobago
2000s 5.3% 15.1% 9.9% Trinidad and Tobago
2010s 3.5% 7.7% 4.2% Trinidad and Tobago
2020s 6.2% 17.7% 11.5% Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Caribbean Small States or Trinidad and Tobago?
Trinidad and Tobago, at 12.7% against 4.6% in Caribbean Small States as of 2025.
What is the difference in insurance and financial services between Caribbean Small States and Trinidad and Tobago?
8.1%, with Trinidad and Tobago ahead.
How many years of comparable data are there for Caribbean Small States and Trinidad and Tobago?
31 years are reported by both, from 1995 to 2025.
How do Caribbean Small States and Trinidad and Tobago rank globally for insurance and financial services?
Caribbean Small States ranks 24th and Trinidad and Tobago ranks 21st 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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Caribbean Small States vs Trinidad and Tobago: 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/caribbean-small-states/trinidad-and-tobago/

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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.