In Latin America and the Caribbean, Venezuela was the country with the highest ratio of non-life insurance premiums in relation to gross domestic product (GDP) in 2019. That year, non-life insurance premiums written in Venezuela represented 3..02 percent of the country's GDP. Meanwhile, in Paraguay, they accounted for almost 0.12 percent of the GDP. In that same year, Chile had the highest ratio of life insurance premiums to GDP in the region.
Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019
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World Bank. (July 13, 2020). Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/
World Bank. "Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019." Chart. July 13, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/
World Bank. (2020). Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/
World Bank. "Ratio of Non-life Insurance Premiums to Gdp in Selected Countries in Latin America and The Caribbean in 2019." Statista, Statista Inc., 13 Jul 2020, https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/
World Bank, Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019 Statista, https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/ (last visited December 03, 2024)
Ratio of non-life insurance premiums to GDP in selected countries in Latin America and the Caribbean in 2019 [Graph], World Bank, July 13, 2020. [Online]. Available: https://www.statista.com/statistics/1032284/non-life-insurance-premiums-gdp-latin-america-country/