Nicaragua - Total Insurance Expenditure
Since 2014, Nicaragua Total Insurance Expenditure grew 2.5points year on year. In 2019, the country was ranked number 48 comparing other countries in Total Insurance Expenditure with 1.69 Percent of GDP. Nicaragua is overtaken by Peru, which was ranked number 47 at 1.73 Percent of GDP and is followed by Russia with 1.45 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, that is +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 | 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 | |