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% |
Guatemala compared with similar countries
- Guatemala's 0.4% is below the median for upper middle income countries, which is 0.5%, 74% of the median. (46 countries reporting)
- Guatemala's 0.4% is below the median for Latin America & Caribbean, which is 1.0%, 36% of the median. (32 countries reporting)
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
- 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 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.