Life insurance premium volume to GDP in Guyana

Guyana: Life insurance premium volume to GDP was 0.1% in 2019. ◆ Volatile

Latest (2019)
0.1%
Change on year
down 2.1%
World rank
126th
of 162 countries
All-time high
3.7%
in 2005
All-time low
0.1%
in 2013
Years of data
20
1997–2019

Life insurance premium volume to GDP in Guyana, 1997–2019

012341997200820191997: 0.173 %1998: 0.201 %1999: 0.194 %2001: 0.406 %2002: 0.497 %2003: 1.3 %2004: 3.6 %2005: 3.7 %2006: 2.4 %2009: 0.13 %2010: 0.134 %2011: 0.139 %2012: 0.283 %2013: 0.052 %2014: 0.055 %2015: 0.088 %2016: 0.091 %2017: 0.12 %2018: 0.14 %2019: 0.137 %

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

Annual values for Life insurance premium volume to GDP (%) in Guyana, 1997 to 2019.
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

DecadeAverage LowestHighest 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

  1. 123 Paraguay 0.2% compare
  2. 124 Haiti 0.2% compare
  3. 125 Nigeria 0.1% compare
  4. 127 Belarus 0.1% compare
  5. 128 Niger 0.1% compare
  6. 129 Cape Verde 0.1% compare

See the full ranking of 162 places →

More financial sector data for Guyana

All data for Guyana →

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.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Life insurance premium volume to GDP in Guyana. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/guyana/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/guyana/">Life insurance premium volume to GDP in Guyana</a> — Statizoid

About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.