Life insurance premium volume to GDP (%) in Dominica
Dominica: Life insurance premium volume to GDP (%) was 1.4% in 2014. ◆ Volatile
Life insurance premium volume to GDP in Dominica, 1998–2014
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Dominica recorded 1.4% for life insurance premium volume to gdp in 2014.
That represents a change of up 9.4% on the previous year and down 61.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Dominica peaked at 9.0% in 2001 and was at its lowest, 0.6%, in 2011.
That places Dominica 51st out of 162 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 1.4% | — |
| 1999 | 2.0% | +45.2% |
| 2000 | 2.9% | +48.8% |
| 2001 | 9.0% | +206.4% |
| 2002 | 3.9% | -57.3% |
| 2003 | 6.1% | +57.5% |
| 2004 | 3.7% | -38.8% |
| 2005 | 4.6% | +24.5% |
| 2006 | 4.2% | -10.1% |
| 2007 | 4.0% | -2.8% |
| 2008 | 1.8% | -56.1% |
| 2011 | 0.6% | -63.5% |
| 2012 | 0.8% | +17.7% |
| 2013 | 1.3% | +70.0% |
| 2014 | 1.4% | +9.4% |
Dominica compared with similar countries
- Dominica's 1.4% is above the median for upper middle income countries, which is 0.5%, 3.0× the median. (46 countries reporting)
- Dominica's 1.4% is above the median for Latin America & Caribbean, which is 1.0%, 1.4× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.4% | 2.0% | 2 |
| 2000s | 4.5% | 1.8% | 9.0% | 9 |
| 2010s | 1.0% | 0.6% | 1.4% | 4 |
Countries ranked near Dominica
More financial sector data for Dominica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % 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 0.188 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % 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 0.1373 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % 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 0.188 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Dominica?
- Life insurance premium volume to gdp in Dominica was 1.4% in 2014, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Dominica?
- The highest recorded value was 9.0% in 2001.
- What is the lowest life insurance premium volume to gdp recorded in Dominica?
- The lowest recorded value was 0.6% in 2011.
- How does Dominica rank for life insurance premium volume to gdp?
- Dominica ranks 51st out of 162 countries with data for 2014.
- Is life insurance premium volume to gdp rising or falling in Dominica?
- Over the last ten years it is down 61.9%. The long-run trend across the full record is volatile.
- Where does this Dominica 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.