Insurance company assets to GDP (%) in Senegal
Senegal: Insurance company assets to GDP (%) was 3.3% in 2018. ▲ Rising
Insurance company assets to GDP in Senegal, 2002–2018
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Senegal recorded 3.3% for insurance company assets to gdp in 2018.
That represents a change of down 1.4% on the previous year and up 90.4% over ten years.
Over the whole period, insurance company assets to gdp in Senegal peaked at 3.4% in 2017 and was at its lowest, 1.7%, in 2007.
That places Senegal 94th out of 138 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Insurance company assets to GDP (%) in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 1.9% | — |
| 2003 | 1.8% | -1.9% |
| 2004 | 1.9% | +1.2% |
| 2005 | 1.8% | -2.7% |
| 2006 | 1.8% | -2.2% |
| 2007 | 1.7% | -7.0% |
| 2008 | 1.7% | +5.6% |
| 2009 | 2.0% | +15.1% |
| 2010 | 2.1% | +3.7% |
| 2011 | 2.1% | -0.5% |
| 2012 | 3.0% | +46.7% |
| 2013 | 3.1% | +2.4% |
| 2014 | 3.0% | -3.0% |
| 2015 | 2.9% | -3.2% |
| 2016 | 3.2% | +8.1% |
| 2017 | 3.4% | +6.7% |
| 2018 | 3.3% | -1.4% |
Senegal compared with similar countries
- Senegal's 3.3% is above the median for lower middle income countries, which is 2.6%, 1.3× the median. (30 countries reporting)
- Senegal's 3.3% is above the median for Sub-Saharan Africa, which is 1.9%, 1.8× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Insurance company assets to GDP (%) in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +46.7% | 2.1% | 3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 1.7% | 2.0% | 8 |
| 2010s | 2.9% | 2.1% | 3.4% | 9 |
Countries ranked near Senegal
- 91 Togo 4.2% compare
- 92 El Salvador 3.9% compare
- 93 North Macedonia 3.9% compare
- 95 Jordan 3.2% compare
- 96 Azerbaijan 3.2% compare
- 97 Russia 3.2% compare
More financial sector data for Senegal
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.09 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 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.25 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.09 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 Senegal?
- Insurance company assets to gdp in Senegal was 3.3% in 2018, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Senegal?
- The highest recorded value was 3.4% in 2017.
- What is the lowest insurance company assets to gdp recorded in Senegal?
- The lowest recorded value was 1.7% in 2007.
- How does Senegal rank for insurance company assets to gdp?
- Senegal ranks 94th out of 138 countries with data for 2018.
- Is insurance company assets to gdp rising or falling in Senegal?
- Over the last ten years it is up 90.4%. The long-run trend across the full record is rising.
- Where does this Senegal 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.