Guatemala - Total Insurance Expenditure

Since 2014, Guatemala Total Insurance Expenditure decreased by 0.9points year on year. In 2019, the country was ranked number 53 among other countries in Total Insurance Expenditure at 1.19 Percent of GDP. Guatemala is overtaken by Bolivia, which was ranked number 52 with 1.29 Percent of GDP and is followed by Paraguay with 1.05 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, that is +2.4points compared to 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +12.4points per year, while Finland was the worst growing country at -14.3points per year.

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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
Compare all 54 countries

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