Barbados vs Trinidad and Tobago: Life insurance premium volume to GDP
Barbados
2.8%
in 2020
Trinidad and Tobago
3.0%
in 2020
Barbados rank
25th
Trinidad and Tobago rank
24th
Life insurance premium volume to GDP over time
- Barbados
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 3.0% against 2.8% in Barbados, a difference of 0.2%.
That makes Trinidad and Tobago's figure about 1.1 times Barbados's.
The two have swapped places 7 times across 31 shared years of data; in 1990 it was Barbados ahead.
Barbados ranks 25th and Trinidad and Tobago ranks 24th of 162 countries.
Across the 4 decades both report, Barbados averaged higher in 1 and Trinidad and Tobago in 3.
Head to head by decade
| Decade | Barbados | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.1% | 2.2% | 0.1% | Trinidad and Tobago |
| 2000s | 2.2% | 3.4% | 1.2% | Trinidad and Tobago |
| 2010s | 2.3% | 1.9% | 0.4% | Barbados |
| 2020s | 2.8% | 3.0% | 0.2% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Barbados or Trinidad and Tobago?
- Trinidad and Tobago, at 3.0% against 2.8% in Barbados as of 2020.
- What is the difference in life insurance premium volume to gdp between Barbados and Trinidad and Tobago?
- 0.2%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Barbados and Trinidad and Tobago?
- 31 years are reported by both, from 1990 to 2020.
- How do Barbados and Trinidad and Tobago rank globally for life insurance premium volume to gdp?
- Barbados ranks 25th and Trinidad and Tobago ranks 24th of 162 countries.
- Where does this data come from?
- Sigma Reports, Swiss Re, published as Life insurance premium volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.