Non-life insurance premium volume to GDP in Nicaragua
Nicaragua: Non-life insurance premium volume to GDP was 1.2% in 2019. ▲ Rising
Non-life insurance premium volume to GDP in Nicaragua, 1992–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Nicaragua is 1.2%, measured in 2019.
Compared with earlier readings it is down 3.3% on the previous year and up 16.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Nicaragua peaked at 1.2% in 2018 and was at its lowest, 0.4%, in 1993.
That places Nicaragua 71st out of 167 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Non-life insurance premium volume to GDP in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.4% | — |
| 1993 | 0.4% | -6.1% |
| 1994 | 0.4% | +13.1% |
| 1995 | 0.4% | -6.5% |
| 1996 | 0.4% | +7.0% |
| 1997 | 0.4% | -1.4% |
| 1998 | 0.5% | +20.2% |
| 1999 | 0.6% | +20.8% |
| 2000 | 0.8% | +20.3% |
| 2001 | 0.7% | -8.3% |
| 2002 | 0.8% | +15.6% |
| 2003 | 0.9% | +6.8% |
| 2004 | 1.0% | +14.6% |
| 2005 | 0.9% | -5.7% |
| 2006 | 1.0% | +5.0% |
| 2007 | 1.0% | +3.2% |
| 2008 | 0.9% | -6.9% |
| 2009 | 1.0% | +4.8% |
| 2010 | 1.0% | +0.7% |
| 2011 | 0.9% | -5.5% |
| 2012 | 1.0% | +3.3% |
| 2013 | 1.0% | +6.3% |
| 2014 | 1.1% | +4.6% |
| 2015 | 1.1% | -0.2% |
| 2016 | 1.1% | +1.2% |
| 2017 | 1.1% | +2.0% |
| 2018 | 1.2% | +6.9% |
| 2019 | 1.2% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.6% | 8 |
| 2000s | 0.9% | 0.7% | 1.0% | 10 |
| 2010s | 1.1% | 0.9% | 1.2% | 10 |
Countries ranked near Nicaragua
More financial sector data for Nicaragua
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.35 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 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.64 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.35 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 Nicaragua?
- Non-life insurance premium volume to gdp in Nicaragua was 1.2% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Nicaragua?
- The highest recorded value was 1.2% in 2018.
- What is the lowest non-life insurance premium volume to gdp recorded in Nicaragua?
- The lowest recorded value was 0.4% in 1993.
- How does Nicaragua rank for non-life insurance premium volume to gdp?
- Nicaragua ranks 71st out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Nicaragua?
- Over the last ten years it is up 16.3%. 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 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.