Life insurance premium volume to GDP in Cape Verde

Cape Verde: Life insurance premium volume to GDP was 0.1% in 2018. ◆ Volatile

Latest (2018)
0.1%
Change on year
up 14.6%
World rank
129th
of 162 countries
All-time high
0.2%
in 2000
All-time low
0.0%
in 2002
Years of data
24
1995–2018

Life insurance premium volume to GDP in Cape Verde, 1995–2018

00.050.10.151995200620181995: 0.056 %1996: 0.031 %1997: 0.03 %1998: 0.028 %1999: 0.026 %2000: 0.154 %2001: 0.149 %2002: 0.009 %2003: 0.018 %2004: 0.01 %2005: 0.01 %2006: 0.019 %2007: 0.026 %2008: 0.034 %2009: 0.057 %2010: 0.064 %2011: 0.069 %2012: 0.071 %2013: 0.074 %2014: 0.066 %2015: 0.091 %2016: 0.105 %2017: 0.109 %2018: 0.125 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

Cape Verde recorded 0.1% for life insurance premium volume to gdp in 2018.

That represents a change of up 14.6% on the previous year and up 272.3% over ten years.

Over the whole period, life insurance premium volume to gdp in Cape Verde peaked at 0.2% in 2000 and was at its lowest, 0.0%, in 2002.

That places Cape Verde 129th out of 162 countries with data for 2018, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Life insurance premium volume to GDP in Cape Verde, year by year

Annual values for Life insurance premium volume to GDP (%) in Cape Verde, 1995 to 2018.
Year % Change
1995 0.1%
1996 0.0% -45.0%
1997 0.0% -3.6%
1998 0.0% -6.1%
1999 0.0% -7.1%
2000 0.2% +497.0%
2001 0.1% -3.2%
2002 0.0% -94.1%
2003 0.0% +103.3%
2004 0.0% -45.6%
2005 0.0% +3.2%
2006 0.0% +92.5%
2007 0.0% +32.8%
2008 0.0% +30.2%
2009 0.1% +68.5%
2010 0.1% +12.7%
2011 0.1% +8.5%
2012 0.1% +3.0%
2013 0.1% +4.0%
2014 0.1% -11.4%
2015 0.1% +38.4%
2016 0.1% +15.9%
2017 0.1% +3.6%
2018 0.1% +14.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.1% 5
2000s 0.0% 0.0% 0.2% 10
2010s 0.1% 0.1% 0.1% 9

Countries ranked near Cape Verde

  1. 126 Guyana 0.1% compare
  2. 127 Belarus 0.1% compare
  3. 128 Niger 0.1% compare
  4. 130 Gambia 0.1% compare
  5. 131 Ukraine 0.1% compare
  6. 132 Uzbekistan 0.1% compare

See the full ranking of 162 places →

More financial sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is life insurance premium volume to gdp in Cape Verde?
Life insurance premium volume to gdp in Cape Verde was 0.1% in 2018, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Cape Verde?
The highest recorded value was 0.2% in 2000.
What is the lowest life insurance premium volume to gdp recorded in Cape Verde?
The lowest recorded value was 0.0% in 2002.
How does Cape Verde rank for life insurance premium volume to gdp?
Cape Verde ranks 129th out of 162 countries with data for 2018.
Is life insurance premium volume to gdp rising or falling in Cape Verde?
Over the last ten years it is up 272.3%. The long-run trend across the full record is volatile.
Where does this Cape Verde 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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Life insurance premium volume to GDP in Cape Verde. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 01 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/cabo-verde/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.