Life insurance premium volume to GDP in Madagascar
Madagascar: Life insurance premium volume to GDP was 0.1% in 2018. ▲ Rising
Life insurance premium volume to GDP in Madagascar, 1990–2018
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2018, life insurance premium volume to gdp in Madagascar stood at 0.1%.
Compared with earlier readings it is down 9.9% on the previous year and up 3.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Madagascar peaked at 0.2% in 2013 and was at its lowest, 0.0%, in 1995.
Madagascar ranks 133rd of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Life insurance premium volume to GDP in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.1% | — |
| 1991 | 0.1% | +10.7% |
| 1992 | 0.1% | -0.2% |
| 1993 | 0.1% | +2.6% |
| 1994 | 0.0% | -19.1% |
| 1995 | 0.0% | -9.8% |
| 1996 | 0.0% | +5.1% |
| 1997 | 0.1% | +15.8% |
| 1998 | 0.1% | +14.5% |
| 1999 | 0.1% | +12.7% |
| 2000 | 0.1% | -8.7% |
| 2001 | 0.1% | +2.3% |
| 2002 | 0.1% | +5.2% |
| 2003 | 0.1% | +18.5% |
| 2004 | 0.1% | +10.1% |
| 2005 | 0.1% | +0.5% |
| 2006 | 0.1% | +6.3% |
| 2007 | 0.1% | +4.0% |
| 2008 | 0.1% | +11.0% |
| 2009 | 0.1% | +13.3% |
| 2010 | 0.1% | +8.3% |
| 2011 | 0.1% | +1.1% |
| 2012 | 0.1% | +9.6% |
| 2013 | 0.2% | +10.1% |
| 2014 | 0.1% | -9.4% |
| 2015 | 0.1% | -8.0% |
| 2016 | 0.1% | -6.4% |
| 2017 | 0.1% | -1.2% |
| 2018 | 0.1% | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.1% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 9 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 0.9111 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.96 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1185 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 65.22 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 8.84 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is life insurance premium volume to gdp in Madagascar?
- Life insurance premium volume to gdp in Madagascar was 0.1% in 2018, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Madagascar?
- The highest recorded value was 0.2% in 2013.
- What is the lowest life insurance premium volume to gdp recorded in Madagascar?
- The lowest recorded value was 0.0% in 1995.
- How does Madagascar rank for life insurance premium volume to gdp?
- Madagascar ranks 133rd out of 162 countries with data for 2018.
- Is life insurance premium volume to gdp rising or falling in Madagascar?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Madagascar 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 — 29 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.