Non-life insurance premium volume to GDP in Saint Lucia
Saint Lucia: Non-life insurance premium volume to GDP was 3.2% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Saint Lucia, 1996–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, non-life insurance premium volume to gdp in Saint Lucia stood at 3.2%.
The figure is up 34.2% on the previous year and down 3.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Saint Lucia peaked at 3.6% in 2012 and was at its lowest, 2.1%, in 2003.
Saint Lucia ranks 8th of 167 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
Non-life insurance premium volume to GDP in Saint Lucia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 3.4% | — |
| 1997 | 2.9% | -14.2% |
| 1998 | 2.7% | -7.9% |
| 1999 | 2.8% | +2.7% |
| 2000 | 3.3% | +16.8% |
| 2001 | 2.5% | -21.8% |
| 2002 | 2.5% | -0.2% |
| 2003 | 2.1% | -15.8% |
| 2004 | 3.2% | +48.8% |
| 2005 | 2.7% | -15.8% |
| 2006 | 3.1% | +16.7% |
| 2007 | 3.3% | +4.8% |
| 2008 | 3.6% | +10.4% |
| 2009 | 3.3% | -9.3% |
| 2010 | 3.4% | +2.1% |
| 2011 | 3.5% | +3.5% |
| 2012 | 3.6% | +4.7% |
| 2013 | 3.1% | -14.9% |
| 2014 | 2.5% | -20.3% |
| 2015 | 2.6% | +4.1% |
| 2016 | 2.4% | -7.9% |
| 2017 | 2.3% | -2.5% |
| 2018 | 2.4% | +2.8% |
| 2019 | 3.2% | +34.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.0% | 2.7% | 3.4% | 4 |
| 2000s | 3.0% | 2.1% | 3.6% | 10 |
| 2010s | 2.9% | 2.3% | 3.6% | 10 |
Countries ranked near Saint Lucia
More financial sector data for Saint Lucia
- Net domestic credit (current LCU), per capita 16,389 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.53 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 304.94 million SDR (2025)
- Reserves excluding gold 326.51 million SDR (2025)
- Total reserves (gold at market value) 326.51 million SDR (2025)
- Total reserves (gold at national valuation) 326.51 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,812 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.86 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,812 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Saint Lucia?
- Non-life insurance premium volume to gdp in Saint Lucia was 3.2% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Saint Lucia?
- The highest recorded value was 3.6% in 2012.
- What is the lowest non-life insurance premium volume to gdp recorded in Saint Lucia?
- The lowest recorded value was 2.1% in 2003.
- How does Saint Lucia rank for non-life insurance premium volume to gdp?
- Saint Lucia ranks 8th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Saint Lucia?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is falling.
- Where does this Saint Lucia 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.