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Insurance premiums as a share of gross domestic product in selected countries in Latin America and the Caribbean in 2024

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Source

Release date

December 2025

Region

Brazil, Chile, Colombia, Mexico, Puerto Rico, Latin America and the Caribbean

Survey time period

2024

Citation formats

Latin America: insurance penetration 2024, by country

Published by Jenny Yang, Jun 16, 2026

In 2024, Puerto Rico had the highest insurance penetration in Latin America. Insurance premiums constituted more than **** percent of the GDP in Puerto Rico that year. This was followed by Chile, with insurance premiums making up more than *** percent of its GDP. The third place ranking is completed by Uruguay, with insurance premiums in this Latin American country making up *** percent of its GDP.

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Statistics on " Insurance industry in Latin America "

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Other statistics that may interest you Insurance industry in Latin America

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Insurance industry in Latin AmericaLife insurance worldwideInsured catastrophe lossesReinsuranceInsurance industry in Canada
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