Guatemala vs Paraguay: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Guatemala
- Paraguay
How they compare
Guatemala currently reports 1.39 Percentage of GDP against 1.17 Percentage of GDP in Paraguay, a difference of 0.22 Percentage of GDP.
That makes Guatemala's figure about 1.2 times Paraguay's.
Across all 12 years both countries report, Guatemala has been ahead every year.
Guatemala ranks 50th and Paraguay ranks 51st of 52 countries.
Guatemala has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guatemala | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.25 Percentage of GDP | 1.01 Percentage of GDP | 0.246 Percentage of GDP | Guatemala |
| 2020s | 1.35 Percentage of GDP | 1.1 Percentage of GDP | 0.2448 Percentage of GDP | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Guatemala or Paraguay?
- Guatemala, at 1.39 Percentage of GDP against 1.17 Percentage of GDP in Paraguay as of 2024.
- What is the difference in insurance indicators — penetration between Guatemala and Paraguay?
- 0.22 Percentage of GDP, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Paraguay?
- 12 years are reported by both, from 2012 to 2024.
- How do Guatemala and Paraguay rank globally for insurance indicators — penetration?
- Guatemala ranks 50th and Paraguay ranks 51st 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.