Latin America & Caribbean (excluding high income) vs Trinidad and Tobago: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Latin America & Caribbean (excluding high income)
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 18.4% against 10.9% in Latin America & Caribbean (excluding high income), a difference of 7.5%.
That makes Trinidad and Tobago's figure about 1.7 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 8 times across 47 shared years of data; in 1979 it was Trinidad and Tobago ahead.
Latin America & Caribbean (excluding high income) ranks 9th and Trinidad and Tobago ranks 12th of 47 groups.
Across the 6 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 2 and Trinidad and Tobago in 4.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.7% | 9.4% | 2.7% | Trinidad and Tobago |
| 1980s | 7.8% | 9.9% | 2.1% | Trinidad and Tobago |
| 1990s | 10.9% | 7.4% | 3.5% | Latin America & Caribbean (excluding high income) |
| 2000s | 11.5% | 1.9% | 9.6% | Latin America & Caribbean (excluding high income) |
| 2010s | 11.8% | 12.4% | 0.6% | Trinidad and Tobago |
| 2020s | 12.4% | 21.6% | 9.2% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Latin America & Caribbean (excluding high income) or Trinidad and Tobago?
- Trinidad and Tobago, at 18.4% against 10.9% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Latin America & Caribbean (excluding high income) and Trinidad and Tobago?
- 7.5%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Trinidad and Tobago?
- 47 years are reported by both, from 1979 to 2025.
- How do Latin America & Caribbean (excluding high income) and Trinidad and Tobago rank globally for insurance and financial services?
- Latin America & Caribbean (excluding high income) ranks 9th 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.