Non-life insurance premium volume to GDP in Botswana

Botswana: Non-life insurance premium volume to GDP was 0.7% in 2019. ▼ Falling

Latest (2019)
0.7%
Change on year
down 2.8%
World rank
108th
of 167 countries
All-time high
1.1%
in 2009
All-time low
0.7%
in 2017
Years of data
24
1994–2019

Non-life insurance premium volume to GDP in Botswana, 1994–2019

00.250.50.7511.21994200620191994: 0.988 %1997: 0.877 %1998: 1.1 %1999: 0.801 %2000: 0.813 %2001: 0.859 %2002: 0.99 %2003: 1 %2004: 1.1 %2005: 0.998 %2006: 0.857 %2007: 0.892 %2008: 0.932 %2009: 1.1 %2010: 1 %2011: 0.954 %2012: 0.998 %2013: 0.902 %2014: 0.789 %2015: 0.851 %2016: 0.727 %2017: 0.666 %2018: 0.719 %2019: 0.699 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

In 2019, non-life insurance premium volume to gdp in Botswana stood at 0.7%.

The figure is down 2.8% on the previous year and down 39.0% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Botswana peaked at 1.1% in 2009 and was at its lowest, 0.7%, in 2017.

That places Botswana 108th out of 167 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Non-life insurance premium volume to GDP in Botswana, year by year

Annual values for Non-life insurance premium volume to GDP (%) in Botswana, 1994 to 2019.
Year % Change
1994 1.0%
1997 0.9% -11.2%
1998 1.1% +28.0%
1999 0.8% -28.7%
2000 0.8% +1.5%
2001 0.9% +5.6%
2002 1.0% +15.2%
2003 1.0% +2.5%
2004 1.1% +5.2%
2005 1.0% -6.5%
2006 0.9% -14.1%
2007 0.9% +4.0%
2008 0.9% +4.5%
2009 1.1% +22.9%
2010 1.0% -10.5%
2011 1.0% -6.9%
2012 1.0% +4.6%
2013 0.9% -9.6%
2014 0.8% -12.5%
2015 0.9% +7.9%
2016 0.7% -14.6%
2017 0.7% -8.5%
2018 0.7% +8.1%
2019 0.7% -2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9% 0.8% 1.1% 4
2000s 1.0% 0.8% 1.1% 10
2010s 0.8% 0.7% 1.0% 10

Countries ranked near Botswana

  1. 105 Belarus 0.7% compare
  2. 106 Oman 0.7% compare
  3. 107 Nepal 0.7% compare
  4. 109 Georgia 0.7% compare
  5. 110 Burkina Faso 0.7% compare
  6. 111 India 0.7% compare

See the full ranking of 167 places →

More financial sector data for Botswana

All data for Botswana →

Frequently asked questions

What is non-life insurance premium volume to gdp in Botswana?
Non-life insurance premium volume to gdp in Botswana was 0.7% in 2019, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Botswana?
The highest recorded value was 1.1% in 2009.
What is the lowest non-life insurance premium volume to gdp recorded in Botswana?
The lowest recorded value was 0.7% in 2017.
How does Botswana rank for non-life insurance premium volume to gdp?
Botswana ranks 108th out of 167 countries with data for 2019.
Is non-life insurance premium volume to gdp rising or falling in Botswana?
Over the last ten years it is down 39.0%. The long-run trend across the full record is falling.
Where does this Botswana data come from?
The figures come from Sigma Reports, Swiss Re, published as part of Non-life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.

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Non-life insurance premium volume to GDP in Botswana. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/botswana/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 data points, 1990–2020
Last refreshed

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.