Heavily indebted poor countries (HIPC) vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Heavily indebted poor countries (HIPC)
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 18.2% against 9.3% in Heavily indebted poor countries (HIPC), a difference of 8.9%.
That makes Trinidad and Tobago's figure about 1.9 times Heavily indebted poor countries (HIPC)'s.
The two have swapped places 2 times across 47 shared years of data; in 1978 it was Trinidad and Tobago ahead.
Heavily indebted poor countries (HIPC) ranks 13th and Trinidad and Tobago ranks 12th of 47 groups.
Across the 6 decades both report, Heavily indebted poor countries (HIPC) averaged higher in 1 and Trinidad and Tobago in 5.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.5% | 9.5% | 4.0% | Trinidad and Tobago |
| 1980s | 6.6% | 9.9% | 3.4% | Trinidad and Tobago |
| 1990s | 5.3% | 7.4% | 2.1% | Trinidad and Tobago |
| 2000s | 6.6% | 1.9% | 4.7% | Heavily indebted poor countries (HIPC) |
| 2010s | 6.4% | 12.9% | 6.6% | Trinidad and Tobago |
| 2020s | 7.5% | 22.4% | 14.9% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Heavily indebted poor countries (HIPC) or Trinidad and Tobago?
- Trinidad and Tobago, at 18.2% against 9.3% in Heavily indebted poor countries (HIPC) as of 2025.
- What is the difference in insurance and financial services between Heavily indebted poor countries (HIPC) and Trinidad and Tobago?
- 8.9%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Trinidad and Tobago?
- 47 years are reported by both, from 1978 to 2024.
- How do Heavily indebted poor countries (HIPC) and Trinidad and Tobago rank globally for insurance and financial services?
- Heavily indebted poor countries (HIPC) ranks 13th and Trinidad and Tobago ranks 12th of 47 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 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.