Life insurance premium volume to GDP in Nicaragua

Nicaragua: Life insurance premium volume to GDP was 0.3% in 2019. ▲ Rising

Latest (2019)
0.3%
Change on year
down 6.0%
World rank
102nd
of 162 countries
All-time high
0.4%
in 2018
All-time low
0.1%
in 1996
Years of data
25
1995–2019

Life insurance premium volume to GDP in Nicaragua, 1995–2019

0.10.20.30.41995200720191995: 0.092 %1996: 0.083 %1997: 0.101 %1998: 0.13 %1999: 0.137 %2000: 0.176 %2001: 0.136 %2002: 0.135 %2003: 0.135 %2004: 0.132 %2005: 0.168 %2006: 0.18 %2007: 0.197 %2008: 0.207 %2009: 0.212 %2010: 0.196 %2011: 0.191 %2012: 0.207 %2013: 0.246 %2014: 0.267 %2015: 0.263 %2016: 0.292 %2017: 0.311 %2018: 0.351 %2019: 0.33 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

Nicaragua recorded 0.3% for life insurance premium volume to gdp in 2019.

Compared with earlier readings it is down 6.0% on the previous year and up 55.2% over ten years.

Over the whole period, life insurance premium volume to gdp in Nicaragua peaked at 0.4% in 2018 and was at its lowest, 0.1%, in 1996.

That places Nicaragua 102nd out of 162 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Life insurance premium volume to GDP in Nicaragua, year by year

Annual values for Life insurance premium volume to GDP (%) in Nicaragua, 1995 to 2019.
Year % Change
1995 0.1%
1996 0.1% -9.7%
1997 0.1% +21.5%
1998 0.1% +28.8%
1999 0.1% +5.5%
2000 0.2% +28.5%
2001 0.1% -22.7%
2002 0.1% -0.4%
2003 0.1% -0.2%
2004 0.1% -2.6%
2005 0.2% +27.4%
2006 0.2% +7.5%
2007 0.2% +9.6%
2008 0.2% +4.8%
2009 0.2% +2.7%
2010 0.2% -7.6%
2011 0.2% -2.9%
2012 0.2% +8.7%
2013 0.2% +18.7%
2014 0.3% +8.5%
2015 0.3% -1.3%
2016 0.3% +10.9%
2017 0.3% +6.5%
2018 0.4% +12.6%
2019 0.3% -6.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1% 0.1% 0.1% 5
2000s 0.2% 0.1% 0.2% 10
2010s 0.3% 0.2% 0.4% 10

Countries ranked near Nicaragua

  1. 99 Bahrain 0.4% compare
  2. 100 Guatemala 0.4% compare
  3. 101 Argentina 0.3% compare
  4. 103 Seychelles 0.3% compare
  5. 104 Jordan 0.3% compare
  6. 105 Bulgaria 0.3% compare

See the full ranking of 162 places →

More financial sector data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is life insurance premium volume to gdp in Nicaragua?
Life insurance premium volume to gdp in Nicaragua was 0.3% in 2019, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Nicaragua?
The highest recorded value was 0.4% in 2018.
What is the lowest life insurance premium volume to gdp recorded in Nicaragua?
The lowest recorded value was 0.1% in 1996.
How does Nicaragua rank for life insurance premium volume to gdp?
Nicaragua ranks 102nd out of 162 countries with data for 2019.
Is life insurance premium volume to gdp rising or falling in Nicaragua?
Over the last ten years it is up 55.2%. The long-run trend across the full record is rising.
Where does this Nicaragua 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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Life insurance premium volume to GDP in Nicaragua. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/nicaragua/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.