Latvia - Total Insurance Expenditure
Since 2014, Latvia Total Insurance Expenditure jumped by 3.3points year on year. In 2019, the country was number 36 comparing other countries in Total Insurance Expenditure at 2.57 Percent of GDP. Latvia is overtaken by Honduras, which was ranked number 35 at 2.63 Percent of GDP and is followed by Iceland at 2.44 Percent of GDP. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, a growth 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 witnessed the worst performance at -14.3points per year.
Loading...
| Date | Percent of GDP |
|---|---|
| 2019 | 2.57 |
| 2018 | 2.59 |
| 2017 | 2.41 |
| 2016 | 2.12 |
| 2015 | 2.17 |
Download all data from 2009 to 2019
How does Latvia 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 | |
| 35 |
#35
Honduras
|
2.63 % | 2018 | NA | +5.8 % | View data | |
| 36 |
#36
Latvia
|
2.57 % | 2019 | -0.7 % | +3.3 % | View data | |
| 37 |
#37
Iceland
|
2.44 % | 2019 | -1.4 % | +0.0 % | View data | |