Insurance company assets to GDP (%) in Costa Rica
Costa Rica: Insurance company assets to GDP (%) was 7.1% in 2020. ◆ Volatile
Insurance company assets to GDP in Costa Rica, 2003–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Costa Rica recorded 7.1% for insurance company assets to gdp in 2020. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 21.6% over ten years.
Over the whole period, insurance company assets to gdp in Costa Rica peaked at 7.1% in 2020 and was at its lowest, 1.2%, in 2004.
That places Costa Rica 65th out of 138 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance company assets to GDP (%) in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 1.2% | — |
| 2004 | 1.2% | -0.6% |
| 2005 | 1.4% | +16.6% |
| 2006 | 1.5% | +4.6% |
| 2007 | 1.7% | +13.1% |
| 2008 | 1.8% | +4.8% |
| 2009 | 2.2% | +21.7% |
| 2010 | 5.8% | +168.0% |
| 2011 | 6.2% | +6.2% |
| 2012 | 6.2% | +0.8% |
| 2013 | 6.4% | +2.7% |
| 2014 | 6.6% | +3.0% |
| 2015 | 6.5% | -2.5% |
| 2016 | 6.6% | +2.9% |
| 2017 | 6.6% | -0.7% |
| 2018 | 6.7% | +1.2% |
| 2019 | 6.8% | +1.8% |
| 2020 | 7.1% | +4.6% |
Costa Rica compared with similar countries
- Costa Rica's 7.1% is below the median for high income countries, which is 17.3%, 41% of the median. (55 countries reporting)
- Costa Rica's 7.1% is below the median for Latin America & Caribbean, which is 7.3%, 97% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Insurance company assets to GDP (%) in Costa Rica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +168.0% | 2.2% | 5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | 1.2% | 2.2% | 7 |
| 2010s | 6.4% | 5.8% | 6.8% | 10 |
| 2020s | 7.1% | 7.1% | 7.1% | 1 |
Countries ranked near Costa Rica
More financial sector data for Costa Rica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 18.96 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 13.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 18.96 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Costa Rica?
- Insurance company assets to gdp in Costa Rica was 7.1% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Costa Rica?
- The highest recorded value was 7.1% in 2020.
- What is the lowest insurance company assets to gdp recorded in Costa Rica?
- The lowest recorded value was 1.2% in 2004.
- How does Costa Rica rank for insurance company assets to gdp?
- Costa Rica ranks 65th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Costa Rica?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data taken from a variety of sources such as AXCO and national sources.