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% |
Cameroon compared with similar countries
- Cameroon's 0.3% is below the median for lower middle income countries, which is 0.4%, 76% of the median. (37 countries reporting)
- Cameroon's 0.3% is above the median for Sub-Saharan Africa, which is 0.2%, 1.2× the median. (40 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0753 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 21.26 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.055 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0753 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 21.26 % change on previous year (2025)
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.