Life insurance premium volume to GDP in Tanzania, United Republic of
Tanzania, United Republic of: Life insurance premium volume to GDP was 0.1% in 2020. ▼ Falling
Life insurance premium volume to GDP in Tanzania, United Republic of, 1996–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Tanzania, United Republic of recorded 0.1% for life insurance premium volume to gdp in 2020.
Compared with earlier readings it is up 8.7% on the previous year and up 32.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Tanzania, United Republic of peaked at 0.2% in 1996 and was at its lowest, 0.0%, in 2006.
Tanzania, United Republic of ranks 138th of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Life insurance premium volume to GDP in Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 0.2% | — |
| 1997 | 0.2% | -26.4% |
| 1998 | 0.1% | -33.3% |
| 1999 | 0.1% | -11.1% |
| 2000 | 0.1% | -15.3% |
| 2001 | 0.1% | +0.7% |
| 2002 | 0.1% | -21.4% |
| 2003 | 0.1% | -11.0% |
| 2004 | 0.0% | -19.5% |
| 2005 | 0.0% | +10.1% |
| 2006 | 0.0% | -10.4% |
| 2007 | 0.1% | +57.7% |
| 2008 | 0.1% | +18.8% |
| 2009 | 0.1% | -28.7% |
| 2010 | 0.1% | +23.9% |
| 2011 | 0.1% | -3.4% |
| 2012 | 0.1% | +3.4% |
| 2013 | 0.1% | +10.3% |
| 2014 | 0.1% | -5.4% |
| 2015 | 0.1% | -0.5% |
| 2016 | 0.1% | -5.9% |
| 2017 | 0.1% | -0.7% |
| 2018 | 0.1% | +18.7% |
| 2019 | 0.1% | +5.8% |
| 2020 | 0.1% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.2% | 4 |
| 2000s | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Tanzania, United Republic of
More financial sector data for Tanzania, United Republic of
- 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 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 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 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 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 Tanzania, United Republic of?
- Life insurance premium volume to gdp in Tanzania, United Republic of was 0.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Tanzania, United Republic of?
- The highest recorded value was 0.2% in 1996.
- What is the lowest life insurance premium volume to gdp recorded in Tanzania, United Republic of?
- The lowest recorded value was 0.0% in 2006.
- How does Tanzania, United Republic of rank for life insurance premium volume to gdp?
- Tanzania, United Republic of ranks 138th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is falling.
- Where does this Tanzania, United Republic of 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.