Life insurance premium volume to GDP in Guatemala
Guatemala: Life insurance premium volume to GDP was 0.4% in 2020. ▲ Rising
Life insurance premium volume to GDP in Guatemala, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Guatemala recorded 0.4% for life insurance premium volume to gdp in 2020. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 59.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Guatemala peaked at 0.4% in 2020 and was at its lowest, 0.2%, in 2004.
That places Guatemala 100th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.2% | — |
| 1991 | 0.2% | -1.8% |
| 1992 | 0.2% | +9.8% |
| 1993 | 0.2% | +7.7% |
| 1994 | 0.2% | +3.5% |
| 1995 | 0.2% | +5.5% |
| 1996 | 0.2% | -3.5% |
| 1997 | 0.2% | +5.3% |
| 1998 | 0.2% | +0.3% |
| 1999 | 0.2% | -5.7% |
| 2000 | 0.2% | +0.7% |
| 2001 | 0.2% | -6.1% |
| 2002 | 0.2% | -3.9% |
| 2003 | 0.2% | +4.1% |
| 2004 | 0.2% | -15.7% |
| 2005 | 0.2% | +4.3% |
| 2006 | 0.2% | -0.6% |
| 2007 | 0.2% | +6.3% |
| 2008 | 0.2% | +1.3% |
| 2009 | 0.2% | +8.9% |
| 2010 | 0.2% | +3.4% |
| 2011 | 0.3% | +23.5% |
| 2012 | 0.2% | -9.6% |
| 2013 | 0.3% | +3.1% |
| 2014 | 0.3% | +5.2% |
| 2015 | 0.3% | -6.8% |
| 2016 | 0.3% | +2.7% |
| 2017 | 0.3% | +6.0% |
| 2018 | 0.3% | +14.1% |
| 2019 | 0.4% | +13.5% |
| 2020 | 0.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.2% | 10 |
| 2000s | 0.2% | 0.2% | 0.2% | 10 |
| 2010s | 0.3% | 0.2% | 0.4% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Guatemala
More financial sector data for Guatemala
- Net domestic credit (current LCU), per capita 25,214 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 3.82 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.1 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 14.65 million SDR (2025)
- Gold reserves at market value 1.34 billion SDR (2025)
- Reserves excluding gold, foreign exchange 22.00 billion SDR (2025)
- Reserves excluding gold 22.58 billion SDR (2025)
- Total reserves (gold at market value) 23.92 billion SDR (2025)
- Total reserves (gold at national valuation) 23.90 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,279 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Guatemala?
- Life insurance premium volume to gdp in Guatemala was 0.4% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Guatemala?
- The highest recorded value was 0.4% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Guatemala?
- The lowest recorded value was 0.2% in 2004.
- How does Guatemala rank for life insurance premium volume to gdp?
- Guatemala ranks 100th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Guatemala?
- Over the last ten years it is up 59.1%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.