Guatemala - Total Insurance Expenditure
Since 2014, Guatemala Total Insurance Expenditure decreased by 0.9points year on year. With 1.19 Percent of GDP in 2019, the country was ranked number 53 among other countries in Total Insurance Expenditure. Guatemala is overtaken by Bolivia, which was number 52 with 1.29 Percent of GDP and is followed by Paraguay at 1.05 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, that is an increase of 2.4points compared to 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia witnessed the best average annual growth at +12.4points per year, while Finland recorded the worst performance at -14.3points per year.
Loading...
| Date | Percent of GDP |
|---|---|
| 2019 | 1.19 |
| 2018 | 1.18 |
| 2017 | 1.22 |
| 2016 | 1.21 |
| 2015 | 1.22 |
Download all data from 2011 to 2019
How does Guatemala rank in Total Insurance Expenditure?
| # | 54 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
35.37 % | 2019 | +2.4 % | -3.9 % | View data | |
| 2 |
#2
South Africa
|
14.22 % | 2019 | +0.3 % | -0.2 % | View data | |
| 52 |
#52
Bolivia
|
1.29 % | 2018 | +1.7 % | NA | View data | |
| 53 |
#53
Guatemala
|
1.19 % | 2019 | +0.5 % | -0.9 % | View data | |
| 54 |
#54
Paraguay
|
1.05 % | 2019 | +1.0 % | NA | View data | |