Nicaragua: Non-life insurance premium volume

* indicates monthly or quarterly data series
 Nicaragua

Non-life insurance premium volume, percent of GDP

 Latest value 1.15
 Year 2019
 Measure percent
 Data availability 1992 - 2019
 Average 0.84
 Min - Max 0.39 - 1.19
 Source Swiss Re
For that indicator, we provide data for Nicaragua from 1992 to 2019. The average value for Nicaragua during that period was 0.84 percent with a minimum of 0.39 percent in 1993 and a maximum of 1.19 percent in 2018. The latest value from 2019 is 1.15 percent. For comparison, the world average in 2019 based on 137 countries is 1.23 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Nicaragua - Non-life insurance premium volume - Recent values chart

Historical chart
Nicaragua - Non-life insurance premium volume - historical chart - 1992-2019




Definition: Ratio of non-life insurance premium volume to GDP. Premium volume is the insurer's direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year. Premium data are taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.

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 Related indicators Latest value Reference Measure
 Life insurance volume 0.33 2019 percent
 Non-life insurance premium volume 1.15 2019 percent
 Insurance company assets 3.14 2020 percent
 Nonbank financial institutions assets to GDP 2.95 2021 percent
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