Insurance business written by class of insurance — Net written in Nicaragua
Nicaragua: Insurance business written by class of insurance — Net written was 9.68 Euro in 2024. ▼ Falling
Insurance business written by class of insurance — Net written in Nicaragua, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Nicaragua recorded 9.68 Euro for insurance business written by class of insurance — net written in 2024.
Compared with earlier readings it is up 0.9% on the previous year and up 4.0% over ten years.
Over the whole period, insurance business written by class of insurance — net written in Nicaragua peaked at 13.03 Euro in 2016 and was at its lowest, 8.32 Euro, in 2013.
That places Nicaragua 38th out of 40 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 10 years of available data.
Insurance business written by class of insurance — Net written in Nicaragua, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 8.32 Euro | — |
| 2014 | 9.31 Euro | +11.9% |
| 2015 | 12.6 Euro | +35.3% |
| 2016 | 13.03 Euro | +3.4% |
| 2018 | 11.85 Euro | -9.1% |
| 2020 | 8.44 Euro | -28.8% |
| 2021 | 8.66 Euro | +2.6% |
| 2022 | 10.08 Euro | +16.5% |
| 2023 | 9.59 Euro | -4.9% |
| 2024 | 9.68 Euro | +0.9% |
Nicaragua compared with similar countries
- Nicaragua's 9.68 Euro is below the median for Latin America & Caribbean, which is 156.09 Euro, 6% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.02 Euro | 8.32 Euro | 13.03 Euro | 5 |
| 2020s | 9.29 Euro | 8.44 Euro | 10.08 Euro | 5 |
Countries ranked near Nicaragua
- 35 Austria 46.96 Euro compare
- 36 Bolivia, Plurinational State of 41.8 Euro compare
- 37 Paraguay 25.14 Euro compare
- 39 Brazil 5.18 Euro compare
- 40 El Salvador 0.075 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 — net written in Nicaragua?
- Insurance business written by class of insurance — net written in Nicaragua was 9.68 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — net written recorded in Nicaragua?
- The highest recorded value was 13.03 Euro in 2016.
- What is the lowest insurance business written by class of insurance — net written recorded in Nicaragua?
- The lowest recorded value was 8.32 Euro in 2013.
- How does Nicaragua rank for insurance business written by class of insurance — net written?
- Nicaragua ranks 38th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — net written rising or falling in Nicaragua?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
- 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 — Net 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.