Life insurance premium volume to GDP (%) in Eritrea
Eritrea: Life insurance premium volume to GDP (%) was 0.0% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Eritrea, 2002–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Eritrea recorded 0.0% for life insurance premium volume to gdp in 2019.
That represents a change of up 118.1% on the previous year and down 3.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Eritrea peaked at 0.0% in 2002 and was at its lowest, 0.0%, in 2018.
That places Eritrea 157th out of 162 countries with data for 2019, 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 Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 0.0% | — |
| 2003 | 0.0% | -3.3% |
| 2004 | 0.0% | -5.8% |
| 2005 | 0.0% | -21.5% |
| 2006 | 0.0% | +16.6% |
| 2007 | 0.0% | -18.3% |
| 2008 | 0.0% | -16.4% |
| 2009 | 0.0% | -25.7% |
| 2010 | 0.0% | -12.3% |
| 2011 | 0.0% | -1.5% |
| 2012 | 0.0% | -24.8% |
| 2013 | 0.0% | +4.5% |
| 2014 | 0.0% | -21.2% |
| 2015 | 0.0% | +6.0% |
| 2016 | 0.0% | +30.8% |
| 2017 | 0.0% | -32.4% |
| 2018 | 0.0% | -11.7% |
| 2019 | 0.0% | +118.1% |
Eritrea compared with similar countries
- Eritrea's 0.0% is below the median for low income countries, which is 0.1%, 7% of the median. (19 countries reporting)
- Eritrea's 0.0% is below the median for Sub-Saharan Africa, which is 0.2%, 3% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Eritrea 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 |
|---|---|---|---|
| 2019 | +118.1% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 8 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
Countries ranked near Eritrea
- 154 Central African Republic 0.0% compare
- 155 Libya 0.0% compare
- 156 Tajikistan 0.0% compare
- 158 Guinea 0.0% compare
- 159 Syria 0.0% compare
- 160 Democratic Republic of Congo 0.0% compare
More financial sector data for Eritrea
- 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 (2011)
- Reserve position in the IMF, US dollar, per capita 0.0019 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 (2011)
- Reserve position in the IMF, SDR, per capita 0.0014 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 (2011)
- Reserve tranche position, US dollar, per capita 0.0019 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 Eritrea?
- Life insurance premium volume to gdp in Eritrea was 0.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Eritrea?
- The highest recorded value was 0.0% in 2002.
- What is the lowest life insurance premium volume to gdp recorded in Eritrea?
- The lowest recorded value was 0.0% in 2018.
- How does Eritrea rank for life insurance premium volume to gdp?
- Eritrea ranks 157th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Eritrea?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Eritrea 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 — 18 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.