Non-life insurance premium volume to GDP in Senegal

Senegal: Non-life insurance premium volume to GDP was 0.6% in 2019. ▬ Flat

Latest (2019)
0.6%
Change on year
up 2.2%
World rank
112th
of 167 countries
All-time high
0.7%
in 2004
All-time low
0.5%
in 1998
Years of data
24
1996–2019

Non-life insurance premium volume to GDP in Senegal, 1996–2019

00.20.40.60.81996200720191996: 0.56 %1997: 0.563 %1998: 0.477 %1999: 0.531 %2000: 0.632 %2001: 0.621 %2002: 0.722 %2003: 0.734 %2004: 0.748 %2005: 0.728 %2006: 0.702 %2007: 0.684 %2008: 0.617 %2009: 0.66 %2010: 0.65 %2011: 0.637 %2012: 0.614 %2013: 0.568 %2014: 0.567 %2015: 0.627 %2016: 0.625 %2017: 0.632 %2018: 0.624 %2019: 0.638 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

Senegal recorded 0.6% for non-life insurance premium volume to gdp in 2019.

That represents a change of up 2.2% on the previous year and down 3.4% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Senegal peaked at 0.7% in 2004 and was at its lowest, 0.5%, in 1998.

That places Senegal 112th out of 167 countries with data for 2019, putting it in the middle of the range.

Non-life insurance premium volume to GDP in Senegal, year by year

Annual values for Non-life insurance premium volume to GDP (%) in Senegal, 1996 to 2019.
Year % Change
1996 0.6%
1997 0.6% +0.6%
1998 0.5% -15.3%
1999 0.5% +11.3%
2000 0.6% +18.9%
2001 0.6% -1.7%
2002 0.7% +16.4%
2003 0.7% +1.6%
2004 0.7% +2.0%
2005 0.7% -2.7%
2006 0.7% -3.5%
2007 0.7% -2.7%
2008 0.6% -9.7%
2009 0.7% +7.0%
2010 0.6% -1.6%
2011 0.6% -1.9%
2012 0.6% -3.6%
2013 0.6% -7.5%
2014 0.6% -0.2%
2015 0.6% +10.6%
2016 0.6% -0.3%
2017 0.6% +1.2%
2018 0.6% -1.3%
2019 0.6% +2.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5% 0.5% 0.6% 4
2000s 0.7% 0.6% 0.7% 10
2010s 0.6% 0.6% 0.6% 10

Countries ranked near Senegal

  1. 109 Georgia 0.7% compare
  2. 110 Burkina Faso 0.7% compare
  3. 111 India 0.7% compare
  4. 113 Gabon 0.6% compare
  5. 114 Congo 0.6% compare
  6. 115 Republic of Moldova 0.6% compare

See the full ranking of 167 places →

More financial sector data for Senegal

All data for Senegal →

Frequently asked questions

What is non-life insurance premium volume to gdp in Senegal?
Non-life insurance premium volume to gdp in Senegal was 0.6% in 2019, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Senegal?
The highest recorded value was 0.7% in 2004.
What is the lowest non-life insurance premium volume to gdp recorded in Senegal?
The lowest recorded value was 0.5% in 1998.
How does Senegal rank for non-life insurance premium volume to gdp?
Senegal ranks 112th out of 167 countries with data for 2019.
Is non-life insurance premium volume to gdp rising or falling in Senegal?
Over the last ten years it is down 3.4%. The long-run trend across the full record is flat.
Where does this Senegal 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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Non-life insurance premium volume to GDP in Senegal. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 03 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/senegal/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 data points, 1990–2020
Last refreshed

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.