Life insurance premium volume to GDP (%) in Botswana
Botswana: Life insurance premium volume to GDP (%) was 1.9% in 2019. ▲ Rising
Life insurance premium volume to GDP in Botswana, 1996–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Botswana recorded 1.9% for life insurance premium volume to gdp in 2019.
The figure is down 13.0% on the previous year and down 22.0% over ten years.
Over the whole period, life insurance premium volume to gdp in Botswana peaked at 2.7% in 2005 and was at its lowest, 0.4%, in 1996.
Botswana ranks 39th of 162 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Life insurance premium volume to GDP (%) in Botswana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 0.4% | — |
| 1997 | 0.5% | +16.5% |
| 1998 | 0.5% | +4.1% |
| 1999 | 0.7% | +26.9% |
| 2000 | 0.8% | +22.6% |
| 2001 | 1.1% | +35.5% |
| 2002 | 1.6% | +42.9% |
| 2003 | 1.6% | +1.7% |
| 2004 | 1.8% | +10.8% |
| 2005 | 2.7% | +51.7% |
| 2006 | 2.1% | -24.9% |
| 2008 | 1.9% | -9.3% |
| 2009 | 2.4% | +28.9% |
| 2010 | 2.2% | -8.8% |
| 2011 | 2.0% | -7.0% |
| 2012 | 2.3% | +13.3% |
| 2013 | 2.0% | -11.1% |
| 2014 | 1.9% | -7.6% |
| 2015 | 2.3% | +20.6% |
| 2016 | 1.9% | -18.8% |
| 2017 | 2.1% | +11.7% |
| 2018 | 2.2% | +3.9% |
| 2019 | 1.9% | -13.0% |
Botswana compared with similar countries
- Botswana's 1.9% is above the median for upper middle income countries, which is 0.5%, 3.9× the median. (46 countries reporting)
- Botswana's 1.9% is above the median for Sub-Saharan Africa, which is 0.2%, 8.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.7% | 4 |
| 2000s | 1.8% | 0.8% | 2.7% | 9 |
| 2010s | 2.1% | 1.9% | 2.3% | 10 |
Countries ranked near Botswana
More financial sector data for Botswana
- Reserve position in the IMF, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 26.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.0848 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 19.45 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 26.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.0848 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Botswana?
- Life insurance premium volume to gdp in Botswana was 1.9% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Botswana?
- The highest recorded value was 2.7% in 2005.
- What is the lowest life insurance premium volume to gdp recorded in Botswana?
- The lowest recorded value was 0.4% in 1996.
- How does Botswana rank for life insurance premium volume to gdp?
- Botswana ranks 39th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Botswana?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is rising.
- Where does this Botswana data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.