Life insurance premium volume to GDP (%) in Gabon
Gabon: Life insurance premium volume to GDP (%) was 0.2% in 2020. ▲ Rising
Life insurance premium volume to GDP in Gabon, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Gabon is 0.2%, measured in 2020.
The figure is up 12.1% on the previous year and up 32.6% over ten years.
Over the whole period, life insurance premium volume to gdp in Gabon peaked at 0.3% in 1992 and was at its lowest, 0.1%, in 2000.
Gabon ranks 116th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP (%) in Gabon, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.2% | — |
| 1991 | 0.2% | +45.8% |
| 1992 | 0.3% | +20.0% |
| 1993 | 0.2% | -12.4% |
| 1994 | 0.1% | -38.6% |
| 1995 | 0.1% | +2.7% |
| 1996 | 0.1% | -10.5% |
| 1997 | 0.1% | +1.0% |
| 1998 | 0.2% | +19.1% |
| 1999 | 0.2% | +1.7% |
| 2000 | 0.1% | -35.6% |
| 2001 | 0.2% | +46.7% |
| 2002 | 0.1% | -7.3% |
| 2003 | 0.2% | +5.2% |
| 2004 | 0.1% | -6.9% |
| 2005 | 0.1% | -14.8% |
| 2006 | 0.1% | +20.9% |
| 2007 | 0.2% | +4.5% |
| 2008 | 0.1% | -2.1% |
| 2009 | 0.2% | +42.1% |
| 2010 | 0.2% | -17.9% |
| 2011 | 0.2% | +2.0% |
| 2012 | 0.2% | -1.9% |
| 2013 | 0.2% | +16.2% |
| 2014 | 0.2% | -2.4% |
| 2015 | 0.2% | +1.7% |
| 2016 | 0.2% | +6.3% |
| 2017 | 0.2% | +15.5% |
| 2018 | 0.2% | -17.4% |
| 2019 | 0.2% | +0.9% |
| 2020 | 0.2% | +12.1% |
Gabon compared with similar countries
- Gabon's 0.2% is below the median for upper middle income countries, which is 0.5%, 48% of the median. (46 countries reporting)
- Gabon's 0.2% is below the median for Sub-Saharan Africa, which is 0.2%, 99% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.1% | 0.3% | 10 |
| 2000s | 0.1% | 0.1% | 0.2% | 10 |
| 2010s | 0.2% | 0.2% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Gabon
- 113 Kazakhstan 0.2% compare
- 114 Mozambique 0.2% compare
- 115 Uganda 0.2% compare
- 117 Iceland 0.2% compare
- 118 Dominican Republic 0.2% compare
- 119 Romania 0.2% compare
More financial sector data for Gabon
- Reserve position in the IMF, US dollar, annual growth rate 6.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.79 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.33 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.79 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.33 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Gabon?
- Life insurance premium volume to gdp in Gabon was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Gabon?
- The highest recorded value was 0.3% in 1992.
- What is the lowest life insurance premium volume to gdp recorded in Gabon?
- The lowest recorded value was 0.1% in 2000.
- How does Gabon rank for life insurance premium volume to gdp?
- Gabon ranks 116th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Gabon?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this Gabon 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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CSV · JSON — 31 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.