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% |
Madagascar compared with similar countries
- Madagascar's 0.1% is above the median for low income countries, which is 0.1%, 1.0× the median. (19 countries reporting)
- Madagascar's 0.1% is below the median for Sub-Saharan Africa, which is 0.2%, 47% of the median. (40 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.
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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.