Singapore vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Singapore
- Trinidad and Tobago
How they compare
Singapore currently reports 15.2% against 12.9% in Trinidad and Tobago, a difference of 2.3%.
That makes Singapore's figure about 1.2 times Trinidad and Tobago's.
The two have swapped places 8 times across 31 shared years of data; in 1995 it was Singapore ahead.
Singapore ranks 21st and Trinidad and Tobago ranks 24th of 190 countries.
Across the 4 decades both report, Singapore averaged higher in 2 and Trinidad and Tobago in 2.
Head to head by decade
| Decade | Singapore | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.1% | 6.5% | 8.5% | Singapore |
| 2000s | 12.3% | 15.5% | 3.1% | Trinidad and Tobago |
| 2010s | 16.3% | 7.8% | 8.5% | Singapore |
| 2020s | 15.8% | 18.1% | 2.3% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Singapore or Trinidad and Tobago?
- Singapore, at 15.2% against 12.9% in Trinidad and Tobago as of 2025.
- What is the difference in insurance and financial services between Singapore and Trinidad and Tobago?
- 2.3%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Trinidad and Tobago?
- 31 years are reported by both, from 1995 to 2025.
- How do Singapore and Trinidad and Tobago rank globally for insurance and financial services?
- Singapore ranks 21st and Trinidad and Tobago ranks 24th of 190 countries.
- 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.