Ecuador vs Latvia: Life insurance premium volume to GDP

Ecuador
0.5%
in 2020
Latvia
0.5%
in 2020
Ecuador rank
90th
Latvia rank
92nd

Life insurance premium volume to GDP over time

  • Ecuador
  • Latvia
0.10.20.30.40.5199320062020

How they compare

Ecuador currently reports 0.5% against 0.5% in Latvia, a difference of 0.0%.

The two have swapped places 9 times across 27 shared years of data; in 1994 it was Latvia ahead.

Ecuador ranks 90th and Latvia ranks 92nd of 162 countries.

Across the 4 decades both report, Ecuador averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Ecuador Latvia Difference Ahead
1990s 0.1% 0.2% 0.1% Latvia
2000s 0.2% 0.1% 0.0% Ecuador
2010s 0.4% 0.4% 0.0% Ecuador
2020s 0.5% 0.5% 0.0% Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Ecuador or Latvia?
Ecuador, at 0.5% against 0.5% in Latvia as of 2020.
What is the difference in life insurance premium volume to gdp between Ecuador and Latvia?
0.0%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Latvia?
27 years are reported by both, from 1994 to 2020.
How do Ecuador and Latvia rank globally for life insurance premium volume to gdp?
Ecuador ranks 90th and Latvia ranks 92nd 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.

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Ecuador vs Latvia: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/ecuador/latvia/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.