Non-life insurance premium volume to GDP in Dominican Republic
Dominican Republic: Non-life insurance premium volume to GDP was 0.9% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Dominican Republic, 1991–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Dominican Republic is 0.9%, measured in 2020.
Compared with earlier readings it is up 1.6% on the previous year and down 13.7% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Dominican Republic peaked at 1.5% in 2002 and was at its lowest, 0.8%, in 2016.
That places Dominican Republic 93rd out of 167 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Non-life insurance premium volume to GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 0.9% | — |
| 1992 | 0.9% | +5.9% |
| 1993 | 1.0% | +5.4% |
| 1994 | 1.0% | -3.2% |
| 1995 | 1.0% | +2.3% |
| 1996 | 0.9% | -4.2% |
| 1997 | 0.8% | -9.9% |
| 1998 | 0.9% | +7.8% |
| 1999 | 1.1% | +19.8% |
| 2000 | 1.2% | +10.4% |
| 2001 | 1.3% | +9.5% |
| 2002 | 1.5% | +11.4% |
| 2003 | 1.3% | -10.2% |
| 2004 | 1.4% | +4.6% |
| 2005 | 1.0% | -24.7% |
| 2006 | 1.0% | +0.6% |
| 2007 | 1.1% | +4.6% |
| 2008 | 1.1% | -1.5% |
| 2009 | 1.1% | -0.9% |
| 2010 | 1.0% | -6.0% |
| 2011 | 1.0% | -5.1% |
| 2012 | 0.9% | -1.6% |
| 2013 | 0.9% | -6.0% |
| 2014 | 0.8% | -3.7% |
| 2015 | 0.8% | -3.6% |
| 2016 | 0.8% | -4.2% |
| 2017 | 0.8% | +5.3% |
| 2018 | 0.8% | -1.4% |
| 2019 | 0.9% | +4.7% |
| 2020 | 0.9% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9% | 0.8% | 1.1% | 9 |
| 2000s | 1.2% | 1.0% | 1.5% | 10 |
| 2010s | 0.9% | 0.8% | 1.0% | 10 |
| 2020s | 0.9% | 0.9% | 0.9% | 1 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.68 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.61 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 0.0007 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.68 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Dominican Republic?
- Non-life insurance premium volume to gdp in Dominican Republic was 0.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Dominican Republic?
- The highest recorded value was 1.5% in 2002.
- What is the lowest non-life insurance premium volume to gdp recorded in Dominican Republic?
- The lowest recorded value was 0.8% in 2016.
- How does Dominican Republic rank for non-life insurance premium volume to gdp?
- Dominican Republic ranks 93rd out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Dominican Republic?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Dominican Republic 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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CSV · JSON — 30 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.