Insurance and financial services as a percentage of service exports from the balance of payment rose 28.6% to 30.8% in Trinidad and Tobago in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Trinidad and Tobago reached an all time high of 30.8% in 2021 and an all time low of 4.23% in 2014.
Trinidad and Tobago has been ranked 6th within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 34 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Brazil | % | 5.12% | 4.58% | 3.97% | 3.71% | 5.78% | ||||||||||||||||
| Colombia | % | 0.900% | 0.814% | 1.01% | 0.817% | 0.978% | ||||||||||||||||
| Dominican Republic | % | ... | ... | 0.993% | 1.04% | 1.30% | 1.25% | 1.36% | ||||||||||||||
| Guyana | % | 15.0% | 5.75% | 9.36% | 11.2% | 8.80% | ||||||||||||||||
| Haiti | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.52% | 1.86% | 2.07% | 2.33% | 3.15% | |||
| Jamaica | % | 0.360% | 0.364% | 0.348% | 0.309% | 0.274% | ||||||||||||||||
| Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Suriname | % | ... | ... | ... | ... | 4.37% | 10.5% | 2.65% | 2.77% | 2.40% | ||||||||||||
| Trinidad and Tobago | % | 4.63% | 5.70% | 6.25% | 8.74% | 12.5% | ||||||||||||||||
| USA | % | 17.1% | 17.1% | 18.0% | 18.0% | 18.1% | ||||||||||||||||
| Venezuela | % | 1.16% | 1.40% | ... | ... | ... | ... | ... |
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