Panama vs Trinidad and Tobago: Insurance and financial services
Insurance and financial services over time
- Panama
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 18.2% against 17.8% in Panama, a difference of 0.4%.
The two have swapped places 12 times across 49 shared years of data; in 1977 it was Trinidad and Tobago ahead.
Panama ranks 13th and Trinidad and Tobago ranks 12th of 197 countries.
Across the 6 decades both report, Panama averaged higher in 4 and Trinidad and Tobago in 2.
Head to head by decade
| Decade | Panama | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.8% | 9.4% | 1.6% | Trinidad and Tobago |
| 1980s | 10.5% | 9.9% | 0.5% | Panama |
| 1990s | 10.0% | 7.4% | 2.7% | Panama |
| 2000s | 15.6% | 1.9% | 13.6% | Panama |
| 2010s | 15.1% | 12.9% | 2.2% | Panama |
| 2020s | 14.6% | 21.7% | 7.1% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Panama or Trinidad and Tobago?
- Trinidad and Tobago, at 18.2% against 17.8% in Panama as of 2025.
- What is the difference in insurance and financial services between Panama and Trinidad and Tobago?
- 0.4%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Panama and Trinidad and Tobago?
- 49 years are reported by both, from 1977 to 2025.
- How do Panama and Trinidad and Tobago rank globally for insurance and financial services?
- Panama ranks 13th 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.