Small states vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Small states
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 12.9% against 6.6% in Small states, a difference of 6.3%.
That makes Trinidad and Tobago's figure about 2.0 times Small states's.
The two have swapped places 4 times across 23 shared years of data; in 1996 it was Trinidad and Tobago ahead.
Small states ranks 22nd 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 | Small states | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.8% | 6.3% | 3.5% | Trinidad and Tobago |
| 2000s | 8.0% | 17.3% | 9.3% | Trinidad and Tobago |
| 2010s | 7.6% | 7.8% | 0.2% | Trinidad and Tobago |
| 2020s | 8.0% | 18.1% | 10.1% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Small states or Trinidad and Tobago?
- Trinidad and Tobago, at 12.9% against 6.6% in Small states as of 2025.
- What is the difference in insurance and financial services between Small states and Trinidad and Tobago?
- 6.3%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Small states and Trinidad and Tobago?
- 23 years are reported by both, from 1996 to 2025.
- How do Small states and Trinidad and Tobago rank globally for insurance and financial services?
- Small states ranks 22nd 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.