Non-life insurance premium volume to GDP in Grenada
Grenada: Non-life insurance premium volume to GDP was 3.0% in 2019. ▲ Rising
Non-life insurance premium volume to GDP in Grenada, 1999–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Grenada is 3.0%, measured in 2019.
The figure is up 2.3% on the previous year and down 9.9% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Grenada peaked at 4.0% in 2010 and was at its lowest, 1.8%, in 1999.
Grenada ranks 11th of 167 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Non-life insurance premium volume to GDP in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 1.8% | — |
| 2001 | 2.2% | +25.4% |
| 2002 | 1.9% | -14.7% |
| 2003 | 2.3% | +24.8% |
| 2004 | 2.6% | +10.8% |
| 2005 | 2.8% | +6.2% |
| 2006 | 3.4% | +23.5% |
| 2007 | 3.4% | -0.8% |
| 2008 | 2.8% | -17.8% |
| 2009 | 3.3% | +18.4% |
| 2010 | 4.0% | +22.9% |
| 2011 | 3.8% | -6.3% |
| 2012 | 3.7% | -2.5% |
| 2013 | 3.9% | +6.0% |
| 2015 | 2.8% | -27.4% |
| 2016 | 2.7% | -4.5% |
| 2017 | 2.7% | -0.2% |
| 2018 | 2.9% | +7.0% |
| 2019 | 3.0% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | 1.8% | 1.8% | 1 |
| 2000s | 2.7% | 1.9% | 3.4% | 9 |
| 2010s | 3.3% | 2.7% | 4.0% | 9 |
Countries ranked near Grenada
- 8 Saint Lucia 3.2% compare
- 9 Belize 3.1% compare
- 10 Dominica 3.0% compare
- 12 South Africa 2.9% compare
- 13 Saint Vincent and the Grenadines 2.8% compare
- 14 Jamaica 2.6% compare
More financial sector data for Grenada
- Total reserves in months of imports, annual growth rate -6.35 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -7.03 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2075 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,512 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -8.17 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,541 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Grenada?
- Non-life insurance premium volume to gdp in Grenada was 3.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Grenada?
- The highest recorded value was 4.0% in 2010.
- What is the lowest non-life insurance premium volume to gdp recorded in Grenada?
- The lowest recorded value was 1.8% in 1999.
- How does Grenada rank for non-life insurance premium volume to gdp?
- Grenada ranks 11th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Grenada?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is rising.
- Where does this Grenada 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.