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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
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 June 25, 2022, 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 June 25, 2022. 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: June 25, 2022. 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 June 25, 2022)