Life insurance premium volume to GDP in Guyana
Guyana: Life insurance premium volume to GDP was 0.1% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Guyana, 1997–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, life insurance premium volume to gdp in Guyana stood at 0.1%.
Compared with earlier readings it is down 2.1% on the previous year and up 5.6% over ten years.
Over the whole period, life insurance premium volume to gdp in Guyana peaked at 3.7% in 2005 and was at its lowest, 0.1%, in 2013.
That places Guyana 126th 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 Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.2% | — |
| 1998 | 0.2% | +16.1% |
| 1999 | 0.2% | -3.5% |
| 2001 | 0.4% | +108.8% |
| 2002 | 0.5% | +22.5% |
| 2003 | 1.3% | +171.1% |
| 2004 | 3.6% | +169.2% |
| 2005 | 3.7% | +0.7% |
| 2006 | 2.4% | -35.2% |
| 2009 | 0.1% | -94.5% |
| 2010 | 0.1% | +2.6% |
| 2011 | 0.1% | +4.1% |
| 2012 | 0.3% | +103.7% |
| 2013 | 0.1% | -81.8% |
| 2014 | 0.1% | +6.1% |
| 2015 | 0.1% | +60.5% |
| 2016 | 0.1% | +3.1% |
| 2017 | 0.1% | +32.3% |
| 2018 | 0.1% | +17.1% |
| 2019 | 0.1% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.2% | 3 |
| 2000s | 1.7% | 0.1% | 3.7% | 7 |
| 2010s | 0.1% | 0.1% | 0.3% | 10 |
Countries ranked near Guyana
More financial sector data for Guyana
- Total reserves in months of imports, annual growth rate -34.71 % change on previous year (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2023)
- Total reserves in months of imports, per capita 0 units per person (2023)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 27.88 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0365 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,183 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 27.9 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,185 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 27.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,185 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Guyana?
- Life insurance premium volume to gdp in Guyana was 0.1% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Guyana?
- The highest recorded value was 3.7% in 2005.
- What is the lowest life insurance premium volume to gdp recorded in Guyana?
- The lowest recorded value was 0.1% in 2013.
- How does Guyana rank for life insurance premium volume to gdp?
- Guyana ranks 126th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Guyana?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is volatile.
- Where does this Guyana 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.