Life insurance premium volume to GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Life insurance premium volume to GDP was 0.0% in 2019. ▲ Rising
Life insurance premium volume to GDP in Venezuela, Bolivarian Republic of, 1990–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Venezuela, Bolivarian Republic of recorded 0.0% for life insurance premium volume to gdp in 2019. That is the lowest value across all 28 years on record.
That represents a change of down 83.6% on the previous year and down 99.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Venezuela, Bolivarian Republic of peaked at 0.2% in 2009 and was at its lowest, 0.0%, in 2019.
Venezuela, Bolivarian Republic of ranks 162nd of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Life insurance premium volume to GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.1% | — |
| 1993 | 0.1% | +1.4% |
| 1994 | 0.1% | -40.5% |
| 1995 | 0.1% | -24.1% |
| 1996 | 0.0% | -29.9% |
| 1997 | 0.0% | +27.3% |
| 1998 | 0.1% | +27.5% |
| 1999 | 0.1% | -2.6% |
| 2000 | 0.0% | -10.3% |
| 2001 | 0.1% | +41.2% |
| 2002 | 0.1% | -4.3% |
| 2003 | 0.1% | +15.8% |
| 2004 | 0.1% | -11.6% |
| 2005 | 0.1% | +4.3% |
| 2006 | 0.1% | +23.3% |
| 2007 | 0.1% | +22.6% |
| 2008 | 0.1% | +23.6% |
| 2009 | 0.2% | +16.3% |
| 2010 | 0.1% | -16.8% |
| 2011 | 0.1% | -8.3% |
| 2012 | 0.1% | +5.3% |
| 2013 | 0.1% | -2.4% |
| 2014 | 0.1% | +1.2% |
| 2015 | 0.1% | +0.4% |
| 2016 | 0.1% | -30.7% |
| 2017 | 0.0% | -68.6% |
| 2018 | 0.0% | -97.0% |
| 2019 | 0.0% | -83.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.1% | 8 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
- 159 Syrian Arab Republic 0.0% compare
- 160 Congo, Democratic Republic of the 0.0% compare
- 161 Mongolia 0.0% compare
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is life insurance premium volume to gdp in Venezuela, Bolivarian Republic of?
- Life insurance premium volume to gdp in Venezuela, Bolivarian Republic of was 0.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.2% in 2009.
- What is the lowest life insurance premium volume to gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 2019.
- How does Venezuela, Bolivarian Republic of rank for life insurance premium volume to gdp?
- Venezuela, Bolivarian Republic of ranks 162nd out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 99.9%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian 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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CSV · JSON — 28 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.