Non-life insurance premium volume to GDP in Guyana
Guyana: Non-life insurance premium volume to GDP was 0.4% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Guyana, 1997–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, non-life insurance premium volume to gdp in Guyana stood at 0.4%.
That represents a change of up 0.3% on the previous year and down 34.9% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Guyana peaked at 1.2% in 2005 and was at its lowest, 0.2%, in 2013.
Guyana ranks 135th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Non-life insurance premium volume to GDP in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.5% | — |
| 1998 | 0.6% | +24.2% |
| 1999 | 0.5% | -21.7% |
| 2000 | 0.5% | +11.9% |
| 2001 | 0.6% | +11.9% |
| 2002 | 0.7% | +17.5% |
| 2003 | 1.0% | +49.1% |
| 2004 | 1.1% | +4.8% |
| 2005 | 1.2% | +11.5% |
| 2006 | 1.0% | -15.0% |
| 2009 | 0.6% | -37.7% |
| 2010 | 0.5% | -16.4% |
| 2011 | 0.5% | -8.2% |
| 2012 | 0.5% | -3.6% |
| 2013 | 0.2% | -59.8% |
| 2014 | 0.2% | +3.3% |
| 2015 | 0.3% | +78.8% |
| 2016 | 0.4% | +2.3% |
| 2017 | 0.3% | -7.2% |
| 2018 | 0.4% | +24.7% |
| 2019 | 0.4% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.5% | 0.6% | 3 |
| 2000s | 0.8% | 0.5% | 1.2% | 8 |
| 2010s | 0.4% | 0.2% | 0.5% | 10 |
Countries ranked near Guyana
- 132 Mongolia 0.5% compare
- 133 Burundi 0.5% compare
- 134 Brunei Darussalam 0.5% compare
- 136 Lao People's Democratic Republic 0.4% compare
- 137 Uganda 0.4% compare
- 138 Azerbaijan 0.4% compare
More financial sector data for Guyana
- Net domestic credit (current LCU), per capita 1.78 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 55.01 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 26.05 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 988.63 million SDR (2025)
- Reserves excluding gold 990.29 million SDR (2025)
- Total reserves (gold at market value) 990.29 million SDR (2025)
- Total reserves (gold at national valuation) 990.29 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,185 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 27.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,185 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Guyana?
- Non-life insurance premium volume to gdp in Guyana was 0.4% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Guyana?
- The highest recorded value was 1.2% in 2005.
- What is the lowest non-life insurance premium volume to gdp recorded in Guyana?
- The lowest recorded value was 0.2% in 2013.
- How does Guyana rank for non-life insurance premium volume to gdp?
- Guyana ranks 135th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Guyana?
- Over the last ten years it is down 34.9%. The long-run trend across the full record is falling.
- Where does this Guyana 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.