Non-life insurance premium volume to GDP in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Non-life insurance premium volume to GDP was 2.8% in 2019. ▬ Flat

Latest (2019)
2.8%
Change on year
down 4.9%
World rank
13th
of 167 countries
All-time high
3.0%
in 2005
All-time low
2.1%
in 2015
Years of data
19
2001–2019

Non-life insurance premium volume to GDP in Saint Vincent and the Grenadines, 2001–2019

01232001201020192001: 2.4 %2002: 2.6 %2003: 2.7 %2004: 2.6 %2005: 3 %2006: 2.7 %2007: 2.4 %2008: 2.5 %2009: 2.7 %2010: 2.4 %2011: 2.5 %2012: 2.8 %2013: 2.9 %2014: 2.7 %2015: 2.1 %2016: 2.4 %2017: 2.8 %2018: 3 %2019: 2.8 %

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

Analysis

In 2019, non-life insurance premium volume to gdp in Saint Vincent and the Grenadines stood at 2.8%.

The figure is down 4.9% on the previous year and up 5.0% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Saint Vincent and the Grenadines peaked at 3.0% in 2005 and was at its lowest, 2.1%, in 2015.

That places Saint Vincent and the Grenadines 13th out of 167 countries with data for 2019, putting it in the top 10%.

Non-life insurance premium volume to GDP in Saint Vincent and the Grenadines, year by year

Annual values for Non-life insurance premium volume to GDP (%) in Saint Vincent and the Grenadines, 2001 to 2019.
Year % Change
2001 2.4%
2002 2.6% +6.2%
2003 2.7% +6.2%
2004 2.6% -3.0%
2005 3.0% +15.2%
2006 2.7% -11.4%
2007 2.4% -10.9%
2008 2.5% +5.1%
2009 2.7% +6.7%
2010 2.4% -12.6%
2011 2.5% +8.0%
2012 2.8% +8.0%
2013 2.9% +5.5%
2014 2.7% -8.5%
2015 2.1% -20.9%
2016 2.4% +14.5%
2017 2.8% +15.8%
2018 3.0% +6.8%
2019 2.8% -4.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% 2.4% 3.0% 9
2010s 2.6% 2.1% 3.0% 10

Countries ranked near Saint Vincent and the Grenadines

  1. 10 Dominica 3.0% compare
  2. 11 Grenada 3.0% compare
  3. 12 South Africa 2.9% compare
  4. 14 Jamaica 2.6% compare
  5. 15 Trinidad and Tobago 2.6% compare
  6. 16 France 2.4% compare

See the full ranking of 167 places →

More financial sector data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is non-life insurance premium volume to gdp in Saint Vincent and the Grenadines?
Non-life insurance premium volume to gdp in Saint Vincent and the Grenadines was 2.8% in 2019, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Saint Vincent and the Grenadines?
The highest recorded value was 3.0% in 2005.
What is the lowest non-life insurance premium volume to gdp recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 2.1% in 2015.
How does Saint Vincent and the Grenadines rank for non-life insurance premium volume to gdp?
Saint Vincent and the Grenadines ranks 13th out of 167 countries with data for 2019.
Is non-life insurance premium volume to gdp rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is up 5.0%. The long-run trend across the full record is flat.
Where does this Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/st-vincent-and-the-grenadines/

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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.