Life insurance premium volume to GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Life insurance premium volume to GDP was 1.9% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Saint Vincent and the Grenadines, 2001–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, life insurance premium volume to gdp in Saint Vincent and the Grenadines stood at 1.9%.
The figure is up 68.8% on the previous year and down 52.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Saint Vincent and the Grenadines peaked at 4.9% in 2006 and was at its lowest, 0.7%, in 2012.
Saint Vincent and the Grenadines ranks 38th of 162 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 2.2% | — |
| 2002 | 2.0% | -10.6% |
| 2003 | 1.9% | -4.3% |
| 2004 | 1.8% | -7.3% |
| 2005 | 3.9% | +119.9% |
| 2006 | 4.9% | +26.6% |
| 2007 | 4.5% | -9.4% |
| 2008 | 4.9% | +8.7% |
| 2009 | 4.0% | -18.1% |
| 2010 | 0.8% | -80.6% |
| 2011 | 0.9% | +11.3% |
| 2012 | 0.7% | -13.0% |
| 2013 | 0.8% | +2.2% |
| 2014 | 0.9% | +12.1% |
| 2015 | 0.9% | +9.7% |
| 2016 | 1.0% | +5.3% |
| 2017 | 1.1% | +13.4% |
| 2018 | 1.1% | -0.7% |
| 2019 | 1.9% | +68.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 1.8% | 4.9% | 9 |
| 2010s | 1.0% | 0.7% | 1.9% | 10 |
Countries ranked near Saint Vincent and the Grenadines
More financial sector data for Saint Vincent and the Grenadines
- 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.85 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5 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 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.85 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 Saint Vincent and the Grenadines?
- Life insurance premium volume to gdp in Saint Vincent and the Grenadines was 1.9% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 4.9% in 2006.
- What is the lowest life insurance premium volume to gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 0.7% in 2012.
- How does Saint Vincent and the Grenadines rank for life insurance premium volume to gdp?
- Saint Vincent and the Grenadines ranks 38th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 52.9%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines 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 — 19 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.