Bermuda vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Bermuda
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 18.2% against 17.6% in Bermuda, a difference of 0.6%.
The two have swapped places 6 times across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 14th and Trinidad and Tobago ranks 12th of 197 countries.
Across the 3 decades both report, Bermuda averaged higher in 2 and Trinidad and Tobago in 1.
Head to head by decade
| Decade | Bermuda | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.4% | 2.6% | 10.8% | Bermuda |
| 2010s | 16.0% | 12.9% | 3.1% | Bermuda |
| 2020s | 18.6% | 23.8% | 5.2% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bermuda or Trinidad and Tobago?
- Trinidad and Tobago, at 18.2% against 17.6% in Bermuda as of 2025.
- What is the difference in insurance and financial services between Bermuda and Trinidad and Tobago?
- 0.6%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Bermuda and Trinidad and Tobago?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Trinidad and Tobago rank globally for insurance and financial services?
- Bermuda ranks 14th and Trinidad and Tobago ranks 12th of 197 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 imports). 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 imports which are commercial services provided by non-residents to residents.