Insurance business written by class of insurance — Gross written in Nicaragua
Nicaragua: Insurance business written by class of insurance — Gross written was 18.94 Euro in 2024. ▲ Rising
Insurance business written by class of insurance — Gross written in Nicaragua, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for insurance business written by class of insurance — gross written in Nicaragua is 18.94 Euro, measured in 2024.
Compared with earlier readings it is up 2.5% on the previous year and up 50.0% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Nicaragua peaked at 19 Euro in 2022 and was at its lowest, 11.61 Euro, in 2013.
That places Nicaragua 43rd out of 44 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 10 years of available data.
Insurance business written by class of insurance — Gross written in Nicaragua, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 11.61 Euro | — |
| 2014 | 12.63 Euro | +8.8% |
| 2015 | 17.01 Euro | +34.7% |
| 2016 | 18.27 Euro | +7.4% |
| 2018 | 17.72 Euro | -3.0% |
| 2020 | 15.53 Euro | -12.4% |
| 2021 | 16.11 Euro | +3.8% |
| 2022 | 19 Euro | +17.9% |
| 2023 | 18.48 Euro | -2.7% |
| 2024 | 18.94 Euro | +2.5% |
Nicaragua compared with similar countries
- Nicaragua's 18.94 Euro is below the median for Latin America & Caribbean, which is 175.17 Euro, 11% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.45 Euro | 11.61 Euro | 18.27 Euro | 5 |
| 2020s | 17.61 Euro | 15.53 Euro | 19 Euro | 5 |
Countries ranked near Nicaragua
- 40 Bolivia, Plurinational State of 55.71 Euro compare
- 41 Brazil 47.65 Euro compare
- 42 Paraguay 26.66 Euro compare
- 44 El Salvador 0.092 Euro compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Nicaragua?
- Insurance business written by class of insurance — gross written in Nicaragua was 18.94 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in Nicaragua?
- The highest recorded value was 19 Euro in 2022.
- What is the lowest insurance business written by class of insurance — gross written recorded in Nicaragua?
- The lowest recorded value was 11.61 Euro in 2013.
- How does Nicaragua rank for insurance business written by class of insurance — gross written?
- Nicaragua ranks 43rd out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Nicaragua?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Gross written premiums. Statizoid updates them automatically from the source API.
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.