Non-life insurance premium volume to GDP in Gabon
Gabon: Non-life insurance premium volume to GDP was 0.6% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Gabon, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Gabon stood at 0.6%.
The figure is up 6.9% on the previous year and down 20.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Gabon peaked at 1.2% in 1998 and was at its lowest, 0.6%, in 2018.
Gabon ranks 113th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Non-life insurance premium volume to GDP in Gabon, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.0% | — |
| 1991 | 1.2% | +14.5% |
| 1992 | 1.2% | +1.0% |
| 1993 | 1.2% | -1.9% |
| 1994 | 1.1% | -7.7% |
| 1995 | 1.0% | -7.6% |
| 1996 | 0.9% | -8.9% |
| 1997 | 1.0% | +4.9% |
| 1998 | 1.2% | +28.5% |
| 1999 | 1.1% | -12.6% |
| 2000 | 0.8% | -24.5% |
| 2001 | 0.8% | -3.1% |
| 2002 | 1.0% | +29.6% |
| 2003 | 1.0% | +2.3% |
| 2004 | 0.9% | -18.0% |
| 2005 | 0.7% | -15.1% |
| 2006 | 0.8% | +5.0% |
| 2007 | 0.8% | +0.9% |
| 2008 | 0.7% | -13.3% |
| 2009 | 0.9% | +32.5% |
| 2010 | 0.8% | -10.4% |
| 2011 | 0.7% | -11.2% |
| 2012 | 0.8% | +8.1% |
| 2013 | 0.9% | +12.2% |
| 2014 | 0.9% | +1.7% |
| 2015 | 0.9% | +5.2% |
| 2016 | 0.8% | -15.0% |
| 2017 | 0.6% | -16.3% |
| 2018 | 0.6% | -9.8% |
| 2019 | 0.6% | +1.0% |
| 2020 | 0.6% | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 0.9% | 1.2% | 10 |
| 2000s | 0.8% | 0.7% | 1.0% | 10 |
| 2010s | 0.7% | 0.6% | 0.9% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Gabon
More financial sector data for Gabon
- Net domestic credit (current LCU), per capita 1.06 million current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 142.6 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 9.99 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 0 SDR (2018)
- Gold reserves at market value 0 SDR (2018)
- Reserves excluding gold, foreign exchange 367.24 million SDR (2024)
- Reserves excluding gold 489.82 million SDR (2024)
- Total reserves (gold at market value) 489.82 million SDR (2024)
- Total reserves (gold at national valuation) 515.60 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 203.08 SDR per person (2024)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Gabon?
- Non-life insurance premium volume to gdp in Gabon was 0.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Gabon?
- The highest recorded value was 1.2% in 1998.
- What is the lowest non-life insurance premium volume to gdp recorded in Gabon?
- The lowest recorded value was 0.6% in 2018.
- How does Gabon rank for non-life insurance premium volume to gdp?
- Gabon ranks 113th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Gabon?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is falling.
- Where does this Gabon 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.