Latin America & Caribbean vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Latin America & Caribbean
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 12.7% against 5.5% in Latin America & Caribbean, a difference of 7.2%.
That makes Trinidad and Tobago's figure about 2.3 times Latin America & Caribbean's.
The two have swapped places 6 times across 31 shared years of data; in 1995 it was Trinidad and Tobago ahead.
Latin America & Caribbean ranks 20th 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 | Latin America & Caribbean | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.8% | 6.2% | 1.4% | Trinidad and Tobago |
| 2000s | 5.3% | 15.1% | 9.9% | Trinidad and Tobago |
| 2010s | 5.6% | 7.7% | 2.2% | Trinidad and Tobago |
| 2020s | 6.6% | 17.7% | 11.0% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latin America & Caribbean or Trinidad and Tobago?
- Trinidad and Tobago, at 12.7% against 5.5% in Latin America & Caribbean as of 2025.
- What is the difference in insurance and financial services between Latin America & Caribbean and Trinidad and Tobago?
- 7.2%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Latin America & Caribbean and Trinidad and Tobago?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & Caribbean and Trinidad and Tobago rank globally for insurance and financial services?
- Latin America & Caribbean ranks 20th 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.
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.