Life insurance premium volume to GDP in Dominican Republic
Dominican Republic: Life insurance premium volume to GDP was 0.2% in 2020. ▬ Flat
Life insurance premium volume to GDP in Dominican Republic, 1991–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Dominican Republic recorded 0.2% for life insurance premium volume to gdp in 2020.
Compared with earlier readings it is down 5.8% on the previous year and up 23.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Dominican Republic peaked at 0.3% in 1992 and was at its lowest, 0.1%, in 2004.
That places Dominican Republic 118th out of 162 countries with data for 2020, putting it in the middle of the range.
Life insurance premium volume to GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 0.3% | — |
| 1992 | 0.3% | +0.5% |
| 1993 | 0.3% | -4.2% |
| 1994 | 0.2% | -35.4% |
| 1995 | 0.2% | +12.1% |
| 1996 | 0.2% | -3.9% |
| 1997 | 0.2% | -9.2% |
| 1998 | 0.2% | +7.5% |
| 1999 | 0.2% | +10.9% |
| 2000 | 0.2% | -1.7% |
| 2001 | 0.2% | -14.8% |
| 2002 | 0.2% | -2.0% |
| 2003 | 0.1% | -22.7% |
| 2004 | 0.1% | -0.4% |
| 2005 | 0.2% | +39.1% |
| 2006 | 0.1% | -20.4% |
| 2007 | 0.1% | -2.0% |
| 2008 | 0.2% | +11.0% |
| 2009 | 0.2% | +13.4% |
| 2010 | 0.2% | +5.0% |
| 2011 | 0.2% | +4.5% |
| 2012 | 0.2% | +3.7% |
| 2013 | 0.2% | -1.8% |
| 2014 | 0.2% | -1.5% |
| 2015 | 0.2% | +10.2% |
| 2016 | 0.2% | +7.1% |
| 2017 | 0.2% | +3.2% |
| 2018 | 0.2% | -2.3% |
| 2019 | 0.2% | +5.1% |
| 2020 | 0.2% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.3% | 9 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.2% | 0.2% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.68 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.61 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 0.0007 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.68 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 Dominican Republic?
- Life insurance premium volume to gdp in Dominican Republic was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Dominican Republic?
- The highest recorded value was 0.3% in 1992.
- What is the lowest life insurance premium volume to gdp recorded in Dominican Republic?
- The lowest recorded value was 0.1% in 2004.
- How does Dominican Republic rank for life insurance premium volume to gdp?
- Dominican Republic ranks 118th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Dominican Republic?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is flat.
- Where does this Dominican Republic 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 — 30 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.