Non-life insurance premium volume to GDP in Ethiopia
Ethiopia: Non-life insurance premium volume to GDP was 0.4% in 2017. ▼ Falling
Non-life insurance premium volume to GDP in Ethiopia, 1990–2017
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2017, non-life insurance premium volume to gdp in Ethiopia stood at 0.4%.
That represents a change of down 5.9% on the previous year and down 31.4% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Ethiopia peaked at 0.8% in 1998 and was at its lowest, 0.3%, in 1993.
Ethiopia ranks 140th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Non-life insurance premium volume to GDP in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.7% | — |
| 1991 | 0.6% | -16.2% |
| 1992 | 0.5% | -13.5% |
| 1993 | 0.3% | -27.9% |
| 1994 | 0.4% | +11.7% |
| 1995 | 0.5% | +16.5% |
| 1996 | 0.6% | +29.1% |
| 1997 | 0.7% | +24.7% |
| 1998 | 0.8% | +9.4% |
| 1999 | 0.6% | -21.0% |
| 2000 | 0.6% | -3.9% |
| 2001 | 0.6% | +5.5% |
| 2002 | 0.8% | +24.3% |
| 2003 | 0.7% | -9.7% |
| 2004 | 0.6% | -14.2% |
| 2005 | 0.6% | -6.9% |
| 2006 | 0.6% | -1.1% |
| 2007 | 0.5% | -6.6% |
| 2008 | 0.5% | -10.0% |
| 2009 | 0.4% | -19.0% |
| 2010 | 0.4% | +15.3% |
| 2011 | 0.5% | +1.0% |
| 2012 | 0.5% | +7.3% |
| 2013 | 0.5% | +4.0% |
| 2014 | 0.4% | -15.1% |
| 2015 | 0.4% | -5.2% |
| 2016 | 0.4% | -4.2% |
| 2017 | 0.4% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.3% | 0.8% | 10 |
| 2000s | 0.6% | 0.4% | 0.8% | 10 |
| 2010s | 0.4% | 0.4% | 0.5% | 8 |
Countries ranked near Ethiopia
- 137 Uganda 0.4% compare
- 138 Azerbaijan 0.4% compare
- 139 Tanzania, United Republic of 0.4% compare
- 141 Madagascar 0.4% compare
- 142 Niger 0.3% compare
- 143 Uzbekistan 0.3% compare
More financial sector data for Ethiopia
- Net domestic credit (current LCU), per capita 1,078 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 3.41 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 27.19 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 2.89 billion SDR (2024)
- Reserves excluding gold 2.90 billion SDR (2024)
- Total reserves (gold at market value) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Ethiopia?
- Non-life insurance premium volume to gdp in Ethiopia was 0.4% in 2017, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Ethiopia?
- The highest recorded value was 0.8% in 1998.
- What is the lowest non-life insurance premium volume to gdp recorded in Ethiopia?
- The lowest recorded value was 0.3% in 1993.
- How does Ethiopia rank for non-life insurance premium volume to gdp?
- Ethiopia ranks 140th out of 167 countries with data for 2017.
- Is non-life insurance premium volume to gdp rising or falling in Ethiopia?
- Over the last ten years it is down 31.4%. The long-run trend across the full record is falling.
- Where does this Ethiopia 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.