Non-life insurance premium volume to GDP in Sierra Leone
Sierra Leone: Non-life insurance premium volume to GDP was 0.5% in 2016. ▲ Rising
Non-life insurance premium volume to GDP in Sierra Leone, 2003–2016
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Sierra Leone recorded 0.5% for non-life insurance premium volume to gdp in 2016. That is the highest value across all 14 years on record.
That represents a change of up 19.5% on the previous year and up 53.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Sierra Leone peaked at 0.5% in 2016 and was at its lowest, 0.3%, in 2003.
That places Sierra Leone 128th out of 167 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Non-life insurance premium volume to GDP in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.3% | — |
| 2004 | 0.3% | +2.3% |
| 2005 | 0.3% | +12.7% |
| 2006 | 0.3% | -1.1% |
| 2007 | 0.3% | +8.7% |
| 2008 | 0.3% | -4.8% |
| 2009 | 0.3% | +3.1% |
| 2010 | 0.3% | -14.4% |
| 2011 | 0.4% | +25.6% |
| 2012 | 0.3% | -19.9% |
| 2013 | 0.3% | +16.1% |
| 2014 | 0.5% | +34.3% |
| 2015 | 0.4% | -10.4% |
| 2016 | 0.5% | +19.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.3% | 0.3% | 7 |
| 2010s | 0.4% | 0.3% | 0.5% | 7 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Net domestic credit (current LCU), per capita 4,743 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.6 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.74 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 104.67 million SDR (2024)
- Reserves excluding gold 332.23 million SDR (2024)
- Total reserves (gold at market value) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 38.44 SDR per person (2024)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Sierra Leone?
- Non-life insurance premium volume to gdp in Sierra Leone was 0.5% in 2016, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Sierra Leone?
- The highest recorded value was 0.5% in 2016.
- What is the lowest non-life insurance premium volume to gdp recorded in Sierra Leone?
- The lowest recorded value was 0.3% in 2003.
- How does Sierra Leone rank for non-life insurance premium volume to gdp?
- Sierra Leone ranks 128th out of 167 countries with data for 2016.
- Is non-life insurance premium volume to gdp rising or falling in Sierra Leone?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is rising.
- Where does this Sierra Leone 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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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.