Insurance indicators — Penetration in Costa Rica

Costa Rica: Insurance indicators — Penetration was 2.4 Percentage of GDP in 2024. ▲ Rising

Latest (2024)
2.4 Percentage of GDP
Change on year
up 5.6%
World rank
36th
of 52 countries
All-time high
2.4 Percentage of GDP
in 2024
All-time low
1.85 Percentage of GDP
in 2011
Years of data
15
2010–2024

Insurance indicators — Penetration in Costa Rica, 2010–2024

00.511.522.52010201720242010: 1.9 Percentage of GDP2011: 1.9 Percentage of GDP2012: 2 Percentage of GDP2013: 2 Percentage of GDP2014: 2.2 Percentage of GDP2015: 1.9 Percentage of GDP2016: 2.1 Percentage of GDP2017: 2.2 Percentage of GDP2018: 2.1 Percentage of GDP2019: 2.2 Percentage of GDP2020: 2.3 Percentage of GDP2021: 2.2 Percentage of GDP2022: 2.3 Percentage of GDP2023: 2.3 Percentage of GDP2024: 2.4 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

The most recent figure for insurance indicators — penetration in Costa Rica is 2.4 Percentage of GDP, measured in 2024. That is the highest value across all 15 years on record.

The figure is up 5.6% on the previous year and up 8.1% over ten years.

Over the whole period, insurance indicators — penetration in Costa Rica peaked at 2.4 Percentage of GDP in 2024 and was at its lowest, 1.85 Percentage of GDP, in 2011.

Costa Rica ranks 36th of 52 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.04 Percentage of GDP 1.85 Percentage of GDP 2.22 Percentage of GDP 10
2020s 2.29 Percentage of GDP 2.22 Percentage of GDP 2.4 Percentage of GDP 5

Countries ranked near Costa Rica

  1. 33 Mexico 2.76 Percentage of GDP compare
  2. 34 Czechia 2.56 Percentage of GDP compare
  3. 35 El Salvador 2.45 Percentage of GDP compare
  4. 37 Bulgaria 2.28 Percentage of GDP compare
  5. 38 Iceland 2.27 Percentage of GDP compare
  6. 39 Greece 2.27 Percentage of GDP compare

See the full ranking of 62 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is insurance indicators — penetration in Costa Rica?
Insurance indicators — penetration in Costa Rica was 2.4 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest insurance indicators — penetration recorded in Costa Rica?
The highest recorded value was 2.4 Percentage of GDP in 2024.
What is the lowest insurance indicators — penetration recorded in Costa Rica?
The lowest recorded value was 1.85 Percentage of GDP in 2011.
How does Costa Rica rank for insurance indicators — penetration?
Costa Rica ranks 36th out of 52 countries with data for 2024.
Is insurance indicators — penetration rising or falling in Costa Rica?
Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
Where does this Costa Rica data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance indicators — Penetration. Statizoid updates them automatically from the source API.

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Insurance indicators — Penetration in Costa Rica. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/insurance-indicators-penetration/costa-rica/

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About this data

Indicator
Insurance indicators — 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.