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% |
Guyana compared with similar countries
- Guyana's 0.1% is below the median for high income countries, which is 1.6%, 8% of the median. (59 countries reporting)
- Guyana's 0.1% is below the median for Latin America & Caribbean, which is 1.0%, 14% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Guyana 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 |
|---|---|---|---|
| 2003 | +171.1% | 0.5% | 1.3% |
| 2004 | +169.2% | 1.3% | 3.6% |
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
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1976)
- 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 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1976)
- 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 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1976)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1976)
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.