Insurance business written by class of insurance — Premiums ceded in Nicaragua
Nicaragua: Insurance business written by class of insurance — Premiums ceded was 9.26 Euro in 2024. ▲ Rising
Insurance business written by class of insurance — Premiums ceded in Nicaragua, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — premiums ceded in Nicaragua stood at 9.26 Euro. That is the highest value across all 10 years on record.
That represents a change of up 4.1% on the previous year and up 179.3% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Nicaragua peaked at 9.26 Euro in 2024 and was at its lowest, 3.29 Euro, in 2013.
That places Nicaragua 33rd out of 40 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 — Premiums ceded in Nicaragua, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 3.29 Euro | — |
| 2014 | 3.31 Euro | +0.9% |
| 2015 | 4.42 Euro | +33.3% |
| 2016 | 5.24 Euro | +18.6% |
| 2018 | 5.88 Euro | +12.2% |
| 2020 | 7.09 Euro | +20.6% |
| 2021 | 7.46 Euro | +5.2% |
| 2022 | 8.91 Euro | +19.6% |
| 2023 | 8.89 Euro | -0.2% |
| 2024 | 9.26 Euro | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.43 Euro | 3.29 Euro | 5.88 Euro | 5 |
| 2020s | 8.32 Euro | 7.09 Euro | 9.26 Euro | 5 |
Countries ranked near Nicaragua
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 — premiums ceded in Nicaragua?
- Insurance business written by class of insurance — premiums ceded in Nicaragua was 9.26 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Nicaragua?
- The highest recorded value was 9.26 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Nicaragua?
- The lowest recorded value was 3.29 Euro in 2013.
- How does Nicaragua rank for insurance business written by class of insurance — premiums ceded?
- Nicaragua ranks 33rd out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Nicaragua?
- Over the last ten years it is up 179.3%. 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 — Premiums ceded. 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.