Life insurance premium volume to GDP (%) in Cape Verde
Cape Verde: Life insurance premium volume to GDP (%) was 0.1% in 2018. ◆ Volatile
Life insurance premium volume to GDP in Cape Verde, 1995–2018
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
| 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% |
Cape Verde compared with similar countries
- Cape Verde's 0.1% is below the median for upper middle income countries, which is 0.5%, 26% of the median. (46 countries reporting)
- Cape Verde's 0.1% is below the median for Sub-Saharan Africa, which is 0.2%, 54% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Cape Verde 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 |
|---|---|---|---|
| 2000 | +497.0% | 0.0% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Cape Verde
- Reserve position in the IMF, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.88 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.42 % 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 7.21 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.88 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.42 % change on previous year (2025)
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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.