IDA only vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- IDA only
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 12.9% against 4.9% in IDA only, a difference of 8.0%.
That makes Trinidad and Tobago's figure about 2.6 times IDA only's.
The two have swapped places 2 times across 24 shared years of data; in 2001 it was Trinidad and Tobago ahead.
IDA only ranks 26th and Trinidad and Tobago ranks 24th of 45 groups.
Trinidad and Tobago has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IDA only | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.6% | 16.2% | 12.7% | Trinidad and Tobago |
| 2010s | 4.1% | 7.8% | 3.7% | Trinidad and Tobago |
| 2020s | 5.0% | 19.1% | 14.2% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, IDA only or Trinidad and Tobago?
- Trinidad and Tobago, at 12.9% against 4.9% in IDA only as of 2025.
- What is the difference in insurance and financial services between IDA only and Trinidad and Tobago?
- 8.0%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for IDA only and Trinidad and Tobago?
- 24 years are reported by both, from 2001 to 2024.
- How do IDA only and Trinidad and Tobago rank globally for insurance and financial services?
- IDA only ranks 26th and Trinidad and Tobago ranks 24th 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 commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.