Lower middle income vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Lower middle income
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 12.9% against 4.9% in Lower middle income, a difference of 8.0%.
That makes Trinidad and Tobago's figure about 2.6 times Lower middle income's.
Across all 31 years both countries report, Trinidad and Tobago has been ahead every year.
Lower middle income ranks 25th and Trinidad and Tobago ranks 24th of 45 groups.
Trinidad and Tobago has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lower middle income | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.6% | 6.5% | 4.0% | Trinidad and Tobago |
| 2000s | 3.6% | 15.5% | 11.9% | Trinidad and Tobago |
| 2010s | 4.3% | 7.8% | 3.5% | Trinidad and Tobago |
| 2020s | 5.4% | 18.1% | 12.7% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Lower middle income or Trinidad and Tobago?
- Trinidad and Tobago, at 12.9% against 4.9% in Lower middle income as of 2025.
- What is the difference in insurance and financial services between Lower middle income and Trinidad and Tobago?
- 8.0%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Lower middle income and Trinidad and Tobago?
- 31 years are reported by both, from 1995 to 2025.
- How do Lower middle income and Trinidad and Tobago rank globally for insurance and financial services?
- Lower middle income ranks 25th 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.