Non-life insurance premium volume to GDP in Gambia
Gambia: Non-life insurance premium volume to GDP was 0.5% in 2016. ▲ Rising
Non-life insurance premium volume to GDP in Gambia, 2002–2016
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2016, non-life insurance premium volume to gdp in Gambia stood at 0.5%.
The figure is up 6.9% on the previous year and up 109.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Gambia peaked at 0.8% in 2008 and was at its lowest, 0.2%, in 2005.
That places Gambia 124th out of 167 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Non-life insurance premium volume to GDP in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 0.3% | — |
| 2003 | 0.3% | -5.6% |
| 2004 | 0.2% | -12.4% |
| 2005 | 0.2% | -10.1% |
| 2006 | 0.2% | +21.5% |
| 2007 | 0.3% | +18.9% |
| 2008 | 0.8% | +168.2% |
| 2009 | 0.8% | -3.2% |
| 2010 | 0.7% | -8.7% |
| 2011 | 0.7% | +4.4% |
| 2012 | 0.7% | -7.2% |
| 2013 | 0.6% | -13.1% |
| 2014 | 0.6% | +8.3% |
| 2015 | 0.5% | -24.0% |
| 2016 | 0.5% | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | 0.2% | 0.8% | 8 |
| 2010s | 0.6% | 0.5% | 0.7% | 7 |
Countries ranked near Gambia
More financial sector data for Gambia
- 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 0.0049 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.54 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 0.0036 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.31 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 0.0049 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.54 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 Gambia?
- Non-life insurance premium volume to gdp in Gambia was 0.5% in 2016, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Gambia?
- The highest recorded value was 0.8% in 2008.
- What is the lowest non-life insurance premium volume to gdp recorded in Gambia?
- The lowest recorded value was 0.2% in 2005.
- How does Gambia rank for non-life insurance premium volume to gdp?
- Gambia ranks 124th out of 167 countries with data for 2016.
- Is non-life insurance premium volume to gdp rising or falling in Gambia?
- Over the last ten years it is up 109.2%. The long-run trend across the full record is rising.
- Where does this Gambia 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.