Insurance company assets to GDP (%) in Guatemala
Guatemala: Insurance company assets to GDP (%) was 2.0% in 2020. ▲ Rising
Insurance company assets to GDP in Guatemala, 2001–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Guatemala recorded 2.0% for insurance company assets to gdp in 2020. That is the highest value across all 20 years on record.
The figure is up 4.9% on the previous year and up 37.4% over ten years.
Over the whole period, insurance company assets to gdp in Guatemala peaked at 2.0% in 2020 and was at its lowest, 1.3%, in 2008.
That places Guatemala 111th out of 138 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Insurance company assets to GDP (%) in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 1.4% | — |
| 2002 | 1.4% | +1.3% |
| 2003 | 1.5% | +2.2% |
| 2004 | 1.4% | -0.5% |
| 2005 | 1.5% | +5.7% |
| 2006 | 1.5% | -1.9% |
| 2007 | 1.4% | -6.8% |
| 2008 | 1.3% | -4.5% |
| 2009 | 1.4% | +6.0% |
| 2010 | 1.4% | +0.8% |
| 2011 | 1.8% | +28.2% |
| 2012 | 1.7% | -5.9% |
| 2013 | 1.8% | +2.9% |
| 2014 | 1.8% | -0.2% |
| 2015 | 1.8% | +3.5% |
| 2016 | 1.8% | -0.3% |
| 2017 | 1.9% | +4.1% |
| 2018 | 1.9% | +2.0% |
| 2019 | 1.9% | -3.6% |
| 2020 | 2.0% | +4.9% |
Guatemala compared with similar countries
- Guatemala's 2.0% is below the median for upper middle income countries, which is 4.9%, 40% of the median. (40 countries reporting)
- Guatemala's 2.0% is below the median for Latin America & Caribbean, which is 7.3%, 27% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Insurance company assets to GDP (%) in Guatemala 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 |
|---|---|---|---|
| 2011 | +28.2% | 1.4% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | 1.3% | 1.5% | 9 |
| 2010s | 1.8% | 1.4% | 1.9% | 10 |
| 2020s | 2.0% | 2.0% | 2.0% | 1 |
Countries ranked near Guatemala
More financial sector data for Guatemala
- 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.01 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.93 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 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.01 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 Guatemala?
- Insurance company assets to gdp in Guatemala was 2.0% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Guatemala?
- The highest recorded value was 2.0% in 2020.
- What is the lowest insurance company assets to gdp recorded in Guatemala?
- The lowest recorded value was 1.3% in 2008.
- How does Guatemala rank for insurance company assets to gdp?
- Guatemala ranks 111th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Guatemala?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.
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About this data
Data taken from a variety of sources such as AXCO and national sources.