Non-life insurance premium volume to GDP in Cape Verde
Cape Verde: Non-life insurance premium volume to GDP was 1.2% in 2018. ▬ Flat
Non-life insurance premium volume to GDP in Cape Verde, 1992–2018
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Cape Verde is 1.2%, measured in 2018.
The figure is down 2.7% on the previous year and down 15.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Cape Verde peaked at 1.6% in 2002 and was at its lowest, 1.1%, in 1997.
That places Cape Verde 68th out of 167 countries with data for 2018, putting it in the middle of the range.
Non-life insurance premium volume to GDP in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 1.2% | — |
| 1993 | 1.4% | +14.1% |
| 1994 | 1.2% | -10.7% |
| 1995 | 1.3% | +4.5% |
| 1996 | 1.2% | -3.0% |
| 1997 | 1.1% | -11.2% |
| 1998 | 1.2% | +13.2% |
| 1999 | 1.2% | -3.9% |
| 2000 | 1.2% | +0.9% |
| 2001 | 1.3% | +6.1% |
| 2002 | 1.6% | +26.3% |
| 2003 | 1.4% | -13.6% |
| 2004 | 1.2% | -11.4% |
| 2005 | 1.4% | +11.0% |
| 2006 | 1.5% | +6.8% |
| 2007 | 1.3% | -7.6% |
| 2008 | 1.4% | +4.8% |
| 2009 | 1.4% | +0.6% |
| 2010 | 1.4% | +0.6% |
| 2011 | 1.4% | -2.3% |
| 2012 | 1.3% | -5.6% |
| 2013 | 1.3% | -5.1% |
| 2014 | 1.2% | -4.7% |
| 2015 | 1.2% | +1.5% |
| 2016 | 1.2% | +0.4% |
| 2017 | 1.2% | +1.4% |
| 2018 | 1.2% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.2% | 1.1% | 1.4% | 8 |
| 2000s | 1.4% | 1.2% | 1.6% | 10 |
| 2010s | 1.3% | 1.2% | 1.4% | 9 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Net domestic credit (current LCU), per capita 370,513 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 63.92 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 915.16 million SDR (2025)
- Reserves excluding gold 919.24 million SDR (2025)
- Total reserves (gold at market value) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,743 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Cape Verde?
- Non-life insurance premium volume to gdp in Cape Verde was 1.2% in 2018, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Cape Verde?
- The highest recorded value was 1.6% in 2002.
- What is the lowest non-life insurance premium volume to gdp recorded in Cape Verde?
- The lowest recorded value was 1.1% in 1997.
- How does Cape Verde rank for non-life insurance premium volume to gdp?
- Cape Verde ranks 68th out of 167 countries with data for 2018.
- Is non-life insurance premium volume to gdp rising or falling in Cape Verde?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is flat.
- Where does this Cape Verde 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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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.