Egypt, Arab Republic of vs Nicaragua: Insurance indicators β€” Penetration

Egypt, Arab Republic of
0.579 Percentage of GDP
in 2023
Nicaragua
1.48 Percentage of GDP
in 2024
Egypt, Arab Republic of rank
52nd
Nicaragua rank
49th

Insurance indicators β€” Penetration over time

  • Egypt, Arab Republic of
  • Nicaragua
0.50.7511.21.51.8201120172024

How they compare

Nicaragua currently reports 1.48 Percentage of GDP against 0.579 Percentage of GDP in Egypt, Arab Republic of, a difference of 0.901 Percentage of GDP.

That makes Nicaragua's figure about 2.6 times Egypt, Arab Republic of's.

Across all 7 years both countries report, Nicaragua has been ahead every year.

Egypt, Arab Republic of ranks 52nd and Nicaragua ranks 49th of 52 countries.

Nicaragua has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Egypt, Arab Republic of Nicaragua Difference Ahead
2010s 0.6283 Percentage of GDP 1.64 Percentage of GDP 1.01 Percentage of GDP Nicaragua
2020s 0.6252 Percentage of GDP 1.53 Percentage of GDP 0.9043 Percentage of GDP Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators β€” penetration, Egypt, Arab Republic of or Nicaragua?
Nicaragua, at 1.48 Percentage of GDP against 0.579 Percentage of GDP in Egypt, Arab Republic of as of 2024.
What is the difference in insurance indicators β€” penetration between Egypt, Arab Republic of and Nicaragua?
0.901 Percentage of GDP, with Nicaragua ahead.
How many years of comparable data are there for Egypt, Arab Republic of and Nicaragua?
7 years are reported by both, from 2017 to 2023.
How do Egypt, Arab Republic of and Nicaragua rank globally for insurance indicators β€” penetration?
Egypt, Arab Republic of ranks 52nd and Nicaragua ranks 49th of 52 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Insurance indicators β€” Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Egypt, Arab Republic of vs Nicaragua: Insurance indicators β€” Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/egypt-arab-rep/nicaragua/

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About this data

Indicator
Insurance indicators β€” Penetration
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
62 places, 1,565 data points, 1983–2024
Last refreshed

This dataset includes key indicators on the insurance industry, such as insurance penetration (gross written premiums as a percentage of GDP), insurance density (gross written premiums in USD per capita), the share of life and non-life insurance in the total insurance business (life and non-life gross written premiums as a percentage of gross premiums), the retention ratio (net written premiums as a percentage of gross premiums) and the reinsurance share (reinsurance accepted as a percentage of gross premiums). This dataset also shows the domestic market share of foreign-controlled undertakings and branches/agencies in each reporting jurisdiction, and the geographical distribution of premiums written within the OECD.