Insurance and financial services as a percentage of service imports from the balance of payment rose 0.669% to 16.6% in Trinidad and Tobago in 2024, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Trinidad and Tobago reached an all time high of 36.9% in 2022 and an all time low of 0.026% in 2000.
Trinidad and Tobago has been ranked 8th within the group of 101 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 16 places above the position seen 10 years ago.
Insurance and Financial Services (As % of Service Imports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Brazil | % | 2.57% | 3.15% | 3.86% | 4.53% | 3.64% | ||||||||||||||||
Colombia | % | 14.4% | 15.9% | 25.5% | 19.5% | 10.4% | ||||||||||||||||
Dominican Republic | % | 11.5% | 10.8% | 17.7% | 13.7% | 14.7% | ||||||||||||||||
Guyana | % | 6.06% | 5.36% | 2.18% | 3.41% | 1.11% | ... | |||||||||||||||
Haiti | % | 0.748% | 0.891% | 1.05% | 2.21% | 0.914% | ... | |||||||||||||||
Jamaica | % | 7.34% | 6.80% | 9.44% | 5.56% | 5.98% | ||||||||||||||||
Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Suriname | % | ... | 4.73% | 3.05% | 4.47% | 5.68% | 4.40% | |||||||||||||||
Trinidad and Tobago | % | 13.2% | 15.3% | 22.2% | 18.1% | 36.9% | ||||||||||||||||
USA | % | 15.1% | 16.1% | 22.1% | 19.4% | 16.8% | ||||||||||||||||
Venezuela | % | ... | ... | ... | ... | ... | ... | ... | ... |