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% |
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
- Total reserves in months of imports, annual growth rate -33.75 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -27.53 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1217 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 930.79 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -25.25 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 1,051 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -25.25 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 1,051 SDR per person (2024)
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.