Life insurance premium volume to GDP in Costa Rica
Costa Rica: Life insurance premium volume to GDP was 0.2% in 2020. ▲ Rising
Life insurance premium volume to GDP in Costa Rica, 1994–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Costa Rica stood at 0.2%.
Compared with earlier readings it is down 47.7% on the previous year and up 10.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Costa Rica peaked at 0.4% in 2019 and was at its lowest, 0.1%, in 1998.
Costa Rica ranks 120th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Life insurance premium volume to GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 0.2% | — |
| 1995 | 0.2% | -11.6% |
| 1996 | 0.1% | -19.4% |
| 1997 | 0.1% | +1.9% |
| 1998 | 0.1% | -5.6% |
| 1999 | 0.1% | +10.8% |
| 2000 | 0.2% | +25.9% |
| 2001 | 0.2% | -7.9% |
| 2002 | 0.2% | +7.8% |
| 2003 | 0.2% | -5.1% |
| 2004 | 0.1% | -9.4% |
| 2005 | 0.2% | +11.6% |
| 2006 | 0.2% | +8.2% |
| 2007 | 0.2% | -16.2% |
| 2008 | 0.2% | +16.3% |
| 2009 | 0.2% | +3.3% |
| 2010 | 0.2% | -7.3% |
| 2011 | 0.2% | +17.3% |
| 2012 | 0.2% | +20.7% |
| 2013 | 0.3% | +15.1% |
| 2014 | 0.3% | +0.1% |
| 2015 | 0.2% | -12.6% |
| 2016 | 0.3% | +32.8% |
| 2017 | 0.3% | +1.9% |
| 2018 | 0.3% | +6.3% |
| 2019 | 0.4% | +3.1% |
| 2020 | 0.2% | -47.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.2% | 6 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.3% | 0.2% | 0.4% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 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 life insurance premium volume to gdp in Costa Rica?
- Life insurance premium volume to gdp in Costa Rica was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Costa Rica?
- The highest recorded value was 0.4% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Costa Rica?
- The lowest recorded value was 0.1% in 1998.
- How does Costa Rica rank for life insurance premium volume to gdp?
- Costa Rica ranks 120th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Costa Rica?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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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.