Guatemala vs Nicaragua: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Guatemala
- Nicaragua
How they compare
Nicaragua currently reports 1.48 Percentage of GDP against 1.39 Percentage of GDP in Guatemala, a difference of 0.09 Percentage of GDP.
That makes Nicaragua's figure about 1.1 times Guatemala's.
The two have swapped places 1 time across 14 shared years of data; in 2011 it was Guatemala ahead.
Guatemala ranks 50th 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 | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.26 Percentage of GDP | 1.5 Percentage of GDP | 0.2373 Percentage of GDP | Nicaragua |
| 2020s | 1.35 Percentage of GDP | 1.52 Percentage of GDP | 0.172 Percentage of GDP | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Guatemala or Nicaragua?
- Nicaragua, at 1.48 Percentage of GDP against 1.39 Percentage of GDP in Guatemala as of 2024.
- What is the difference in insurance indicators — penetration between Guatemala and Nicaragua?
- 0.09 Percentage of GDP, with Nicaragua ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 14 years are reported by both, from 2011 to 2024.
- How do Guatemala and Nicaragua rank globally for insurance indicators — penetration?
- Guatemala ranks 50th and Nicaragua ranks 49th of 52 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.