Life insurance premium volume to GDP in Cameroon
Cameroon: Life insurance premium volume to GDP was 0.3% in 2020. ▲ Rising
Life insurance premium volume to GDP in Cameroon, 1992–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Cameroon stood at 0.3%.
That represents a change of down 3.3% on the previous year and up 21.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Cameroon peaked at 0.3% in 2019 and was at its lowest, 0.1%, in 1997.
That places Cameroon 106th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Life insurance premium volume to GDP in Cameroon, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.2% | — |
| 1993 | 0.2% | +13.2% |
| 1994 | 0.2% | -9.7% |
| 1995 | 0.2% | -1.5% |
| 1996 | 0.1% | -16.9% |
| 1997 | 0.1% | -11.4% |
| 1998 | 0.1% | +12.0% |
| 1999 | 0.2% | +9.0% |
| 2000 | 0.1% | -7.9% |
| 2001 | 0.1% | -1.8% |
| 2002 | 0.1% | -1.2% |
| 2003 | 0.2% | +8.4% |
| 2004 | 0.2% | +9.8% |
| 2005 | 0.2% | +5.3% |
| 2006 | 0.2% | +7.9% |
| 2007 | 0.2% | +8.8% |
| 2008 | 0.2% | +0.8% |
| 2009 | 0.2% | +7.6% |
| 2010 | 0.2% | +3.3% |
| 2011 | 0.3% | +6.2% |
| 2012 | 0.3% | +5.9% |
| 2013 | 0.3% | -4.5% |
| 2014 | 0.3% | -0.6% |
| 2015 | 0.3% | +9.8% |
| 2016 | 0.3% | +2.5% |
| 2017 | 0.3% | +3.7% |
| 2018 | 0.3% | +0.5% |
| 2019 | 0.3% | +0.3% |
| 2020 | 0.3% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.1% | 0.2% | 8 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Cameroon
More financial sector data for Cameroon
- Total reserves in months of imports, annual growth rate 3.33 % 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 7.06 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0725 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 132.64 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 6.66 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 133.26 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 6.66 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 133.26 SDR per person (2024)
Frequently asked questions
- What is life insurance premium volume to gdp in Cameroon?
- Life insurance premium volume to gdp in Cameroon was 0.3% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Cameroon?
- The highest recorded value was 0.3% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Cameroon?
- The lowest recorded value was 0.1% in 1997.
- How does Cameroon rank for life insurance premium volume to gdp?
- Cameroon ranks 106th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Cameroon?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this Cameroon 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.