Nicaragua vs Türkiye: Non-life insurance premium volume to GDP

Nicaragua
1.2%
in 2019
Türkiye
1.1%
in 2020
Nicaragua rank
71st
Türkiye rank
74th

Non-life insurance premium volume to GDP over time

  • Nicaragua
  • Türkiye
0.40.60.811.2199020052020

How they compare

Nicaragua currently reports 1.2% against 1.1% in Türkiye, a difference of 0.1%.

The two have swapped places 1 time across 28 shared years of data; in 1992 it was Türkiye ahead.

Nicaragua ranks 71st and Türkiye ranks 74th of 167 countries.

Across the 3 decades both report, Nicaragua averaged higher in 2 and Türkiye in 1.

Head to head by decade

Decade Nicaragua Türkiye Difference Ahead
1990s 0.5% 0.6% 0.2% Türkiye
2000s 0.9% 0.8% 0.1% Nicaragua
2010s 1.1% 0.9% 0.2% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Nicaragua or Türkiye?
Nicaragua, at 1.2% against 1.1% in Türkiye as of 2019.
What is the difference in non-life insurance premium volume to gdp between Nicaragua and Türkiye?
0.1%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Türkiye?
28 years are reported by both, from 1992 to 2019.
How do Nicaragua and Türkiye rank globally for non-life insurance premium volume to gdp?
Nicaragua ranks 71st and Türkiye ranks 74th of 167 countries.
Where does this data come from?
Sigma Reports, Swiss Re, published as Non-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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Nicaragua vs Türkiye: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/nicaragua/turkiye/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 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.