Non-life insurance premium volume to GDP in Eritrea
Eritrea: Non-life insurance premium volume to GDP was 0.2% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Eritrea, 2002–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Eritrea recorded 0.2% for non-life insurance premium volume to gdp in 2019. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 15.4% on the previous year and down 62.4% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Eritrea peaked at 1.1% in 2002 and was at its lowest, 0.2%, in 2019.
That places Eritrea 159th out of 167 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Non-life insurance premium volume to GDP in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 1.1% | — |
| 2003 | 1.0% | -5.7% |
| 2004 | 1.0% | -3.5% |
| 2005 | 0.9% | -7.0% |
| 2006 | 0.8% | -10.8% |
| 2007 | 0.7% | -11.5% |
| 2008 | 0.7% | -7.3% |
| 2009 | 0.6% | -17.2% |
| 2010 | 0.5% | -13.3% |
| 2011 | 0.5% | -4.2% |
| 2012 | 0.5% | +2.9% |
| 2013 | 0.4% | -14.6% |
| 2014 | 0.4% | -9.1% |
| 2015 | 0.4% | +9.2% |
| 2016 | 0.3% | -13.4% |
| 2017 | 0.3% | -17.8% |
| 2018 | 0.2% | -13.9% |
| 2019 | 0.2% | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.6% | 1.1% | 8 |
| 2010s | 0.4% | 0.2% | 0.5% | 10 |
Countries ranked near Eritrea
- 156 Democratic Republic of Congo 0.2% compare
- 157 Pakistan 0.2% compare
- 158 Libya 0.2% compare
- 160 Kyrgyzstan 0.2% compare
- 161 Nigeria 0.2% compare
- 162 Bangladesh 0.2% compare
More financial sector data for Eritrea
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.93 % change on previous year (2019)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0346 SDR per US$ of GDP (2011)
- Reserves excluding gold, foreign exchange (SDR), per capita 41.73 SDR per person (2019)
- Reserves excluding gold (SDR), annual growth rate 18.26 % change on previous year (2019)
- Reserves excluding gold (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at market value) (SDR), annual growth rate 18.26 % change on previous year (2019)
- Total reserves (gold at market value) (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at national valuation) (SDR), annual growth rate 18.26 % change on previous year (2019)
- Total reserves (gold at national valuation) (SDR), per capita 42.78 SDR per person (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2000)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Eritrea?
- Non-life insurance premium volume to gdp in Eritrea was 0.2% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Eritrea?
- The highest recorded value was 1.1% in 2002.
- What is the lowest non-life insurance premium volume to gdp recorded in Eritrea?
- The lowest recorded value was 0.2% in 2019.
- How does Eritrea rank for non-life insurance premium volume to gdp?
- Eritrea ranks 159th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Eritrea?
- Over the last ten years it is down 62.4%. The long-run trend across the full record is falling.
- Where does this Eritrea 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.