Insurance company assets to GDP (%) in Benin
Benin: Insurance company assets to GDP (%) was 1.7% in 2019. ▲ Rising
Insurance company assets to GDP in Benin, 2003–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Benin recorded 1.7% for insurance company assets to gdp in 2019. That is the highest value across all 17 years on record.
That represents a change of up 9.7% on the previous year and up 19.2% over ten years.
Over the whole period, insurance company assets to gdp in Benin peaked at 1.7% in 2019 and was at its lowest, 1.1%, in 2003.
That places Benin 117th out of 138 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Insurance company assets to GDP (%) in Benin, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 1.1% | — |
| 2004 | 1.2% | +8.1% |
| 2005 | 1.3% | +9.6% |
| 2006 | 1.3% | -4.0% |
| 2007 | 1.4% | +14.4% |
| 2008 | 1.3% | -10.6% |
| 2009 | 1.4% | +10.2% |
| 2010 | 1.5% | +8.4% |
| 2011 | 1.6% | +1.0% |
| 2012 | 1.5% | -1.5% |
| 2013 | 1.5% | -0.7% |
| 2014 | 1.6% | +2.2% |
| 2015 | 1.6% | +1.5% |
| 2016 | 1.6% | +4.1% |
| 2017 | 1.6% | -1.3% |
| 2018 | 1.5% | -4.8% |
| 2019 | 1.7% | +9.7% |
Benin compared with similar countries
- Benin's 1.7% is below the median for lower middle income countries, which is 2.6%, 64% of the median. (30 countries reporting)
- Benin's 1.7% is below the median for Sub-Saharan Africa, which is 1.9%, 90% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.1% | 1.4% | 7 |
| 2010s | 1.6% | 1.5% | 1.7% | 10 |
Countries ranked near Benin
More financial sector data for Benin
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.24 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Benin?
- Insurance company assets to gdp in Benin was 1.7% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Benin?
- The highest recorded value was 1.7% in 2019.
- What is the lowest insurance company assets to gdp recorded in Benin?
- The lowest recorded value was 1.1% in 2003.
- How does Benin rank for insurance company assets to gdp?
- Benin ranks 117th out of 138 countries with data for 2019.
- Is insurance company assets to gdp rising or falling in Benin?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Data taken from a variety of sources such as AXCO and national sources.