Liabilities, Insurance Technical Reserves (OFCS) in Nicaragua
Nicaragua: Liabilities, Insurance Technical Reserves (OFCS) was 7.33 billion in 2024. ◆ Volatile
Liabilities, Insurance Technical Reserves (OFCS) in Nicaragua, 2001–2024
Source: International Monetary Fund.
Analysis
Nicaragua recorded 7.33 billion for liabilities, insurance technical reserves (ofcs) in 2024. That is the highest value across all 24 years on record.
That represents a change of up 10.8% on the previous year and up 108.1% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Nicaragua peaked at 7.33 billion in 2024 and was at its lowest, 0, in 2001.
Nicaragua ranks 50th of 65 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Liabilities, Insurance Technical Reserves (OFCS) in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0 | — |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 1.64 billion | — |
| 2009 | 1.70 billion | +3.5% |
| 2010 | 1.95 billion | +14.8% |
| 2011 | 2.22 billion | +13.7% |
| 2012 | 2.60 billion | +17.2% |
| 2013 | 3.04 billion | +17.1% |
| 2014 | 3.52 billion | +15.7% |
| 2015 | 3.99 billion | +13.3% |
| 2016 | 4.80 billion | +20.4% |
| 2017 | 5.68 billion | +18.1% |
| 2018 | 5.17 billion | -8.9% |
| 2019 | 5.37 billion | +3.9% |
| 2020 | 5.40 billion | +0.6% |
| 2021 | 5.79 billion | +7.1% |
| 2022 | 6.39 billion | +10.4% |
| 2023 | 6.61 billion | +3.5% |
| 2024 | 7.33 billion | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 370.93 million | 0 | 1.70 billion | 9 |
| 2010s | 3.83 billion | 1.95 billion | 5.68 billion | 10 |
| 2020s | 6.31 billion | 5.40 billion | 7.33 billion | 5 |
Countries ranked near Nicaragua
- 47 Tunisia 8.68 billion compare
- 48 Guatemala 8.34 billion compare
- 49 Brunei Darussalam 8.24 billion compare
- 51 Panama 4.86 billion compare
- 52 Solomon Islands 4.47 billion compare
- 53 Republic of Moldova 3.09 billion compare
More external debt data for Nicaragua
- IFC, private nonguaranteed -9.44 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -1.36 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -235.99 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.4% (2024)
- Net financial flows, IDA 71.03 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 10.27 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0036 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -4.65 million NFL, current US$ (2001)
- Public and publicly guaranteed debt service 7.5% (2024)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in Nicaragua?
- Liabilities, insurance technical reserves (ofcs) in Nicaragua was 7.33 billion in 2024, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Nicaragua?
- The highest recorded value was 7.33 billion in 2024.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Nicaragua?
- The lowest recorded value was 0 in 2001.
- How does Nicaragua rank for liabilities, insurance technical reserves (ofcs)?
- Nicaragua ranks 50th out of 65 countries with data for 2024.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Nicaragua?
- Over the last ten years it is up 108.1%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.