Nicaragua - Total Insurance Expenditure

Since 2014, Nicaragua Total Insurance Expenditure grew 2.5points year on year. With 1.69 Percent of GDP in 2019, the country was number 48 comparing other countries in Total Insurance Expenditure. Nicaragua is overtaken by Peru, which was number 47 with 1.73 Percent of GDP and is followed by Russia at 1.45 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, that is 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 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 1.69
2018 1.69
2017 1.59
2016 1.55
2015 1.51
Download all data from 2011 to 2019

How does Nicaragua 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
47 #47
Peru
1.73 % 2019 -0.5 % -0.5 % View data
48 #48
Nicaragua
1.69 % 2019 +0.3 % +2.5 % View data
49 #49
Russia
1.45 % 2019 -0.1 % +2.9 % View data
Compare all 54 countries

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