Non-life insurance premium volume to GDP in Costa Rica
Costa Rica: Non-life insurance premium volume to GDP was 1.6% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Costa Rica, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Costa Rica stood at 1.6%.
That represents a change of up 4.6% on the previous year and down 3.9% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Costa Rica peaked at 1.9% in 1994 and was at its lowest, 1.4%, in 2015.
That places Costa Rica 43rd out of 167 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Non-life insurance premium volume to GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.9% | — |
| 1991 | 1.5% | -21.9% |
| 1992 | 1.6% | +10.3% |
| 1993 | 1.8% | +11.3% |
| 1994 | 1.9% | +5.8% |
| 1995 | 1.6% | -15.2% |
| 1996 | 1.7% | +1.7% |
| 1997 | 1.6% | -4.2% |
| 1998 | 1.6% | +1.5% |
| 1999 | 1.8% | +9.8% |
| 2000 | 1.9% | +6.8% |
| 2001 | 1.8% | -6.9% |
| 2002 | 1.8% | +3.6% |
| 2003 | 1.6% | -12.2% |
| 2004 | 1.7% | +2.9% |
| 2005 | 1.6% | -3.7% |
| 2006 | 1.5% | -4.7% |
| 2007 | 1.6% | +6.5% |
| 2008 | 1.8% | +11.5% |
| 2009 | 1.7% | -4.7% |
| 2010 | 1.6% | -4.1% |
| 2011 | 1.5% | -6.9% |
| 2012 | 1.6% | +2.1% |
| 2013 | 1.6% | +0.3% |
| 2014 | 1.7% | +6.5% |
| 2015 | 1.4% | -16.8% |
| 2016 | 1.5% | +4.5% |
| 2017 | 1.6% | +7.5% |
| 2018 | 1.5% | -5.3% |
| 2019 | 1.5% | +2.3% |
| 2020 | 1.6% | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.5% | 1.9% | 10 |
| 2000s | 1.7% | 1.5% | 1.9% | 10 |
| 2010s | 1.5% | 1.4% | 1.7% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 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 non-life insurance premium volume to gdp in Costa Rica?
- Non-life insurance premium volume to gdp in Costa Rica was 1.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Costa Rica?
- The highest recorded value was 1.9% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in Costa Rica?
- The lowest recorded value was 1.4% in 2015.
- How does Costa Rica rank for non-life insurance premium volume to gdp?
- Costa Rica ranks 43rd out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Costa Rica?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this Costa Rica data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Non-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.