Mexico - Total Insurance Expenditure

Since 2014, Mexico Total Insurance Expenditure increased 2.6points year on year. With 2.32 Percent of GDP in 2019, the country was number 42 comparing other countries in Total Insurance Expenditure. Mexico is overtaken by Hungary, which was number 41 with 2.33 Percent of GDP and is followed by Costa Rica with 2.24 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, a growth of 2.4points versus 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 2.32
2018 2.28
2017 2.25
2016 2.20
2015 2.09
Download all data from 1992 to 2019

How does Mexico 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
41 #41
Hungary
2.33 % 2019 -1.2 % -1.6 % View data
42 #42
Mexico
2.32 % 2019 +1.9 % +2.6 % View data
43 #43
Costa Rica
2.24 % 2019 +1.2 % -0.3 % View data
Compare all 54 countries

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