Non-life insurance premium volume to GDP in Tanzania, United Republic of
Tanzania, United Republic of: Non-life insurance premium volume to GDP was 0.4% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Tanzania, United Republic of, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Tanzania, United Republic of is 0.4%, measured in 2020.
Compared with earlier readings it is down 7.7% on the previous year and down 21.1% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Tanzania, United Republic of peaked at 0.6% in 1994 and was at its lowest, 0.3%, in 2001.
That places Tanzania, United Republic of 139th out of 167 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Non-life insurance premium volume to GDP in Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | +11.1% |
| 1992 | 0.4% | -15.0% |
| 1993 | 0.5% | +17.3% |
| 1994 | 0.6% | +17.7% |
| 1995 | 0.6% | -2.3% |
| 1996 | 0.6% | -3.2% |
| 1997 | 0.5% | -2.7% |
| 1998 | 0.4% | -23.5% |
| 1999 | 0.4% | -6.5% |
| 2000 | 0.3% | -10.6% |
| 2001 | 0.3% | -0.1% |
| 2002 | 0.4% | +5.2% |
| 2003 | 0.4% | +15.1% |
| 2004 | 0.4% | +4.8% |
| 2005 | 0.5% | +6.9% |
| 2006 | 0.4% | -5.1% |
| 2007 | 0.5% | +12.3% |
| 2008 | 0.5% | -1.1% |
| 2009 | 0.5% | -3.4% |
| 2010 | 0.5% | -0.9% |
| 2011 | 0.5% | -0.3% |
| 2012 | 0.5% | +1.9% |
| 2013 | 0.5% | -3.5% |
| 2014 | 0.5% | +4.8% |
| 2015 | 0.5% | -2.7% |
| 2016 | 0.4% | -9.1% |
| 2017 | 0.4% | -16.7% |
| 2018 | 0.4% | -0.7% |
| 2019 | 0.4% | +13.6% |
| 2020 | 0.4% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.6% | 10 |
| 2000s | 0.4% | 0.3% | 0.5% | 10 |
| 2010s | 0.4% | 0.4% | 0.5% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Tanzania, United Republic of
- 136 Lao People's Democratic Republic 0.4% compare
- 137 Uganda 0.4% compare
- 138 Azerbaijan 0.4% compare
- 140 Ethiopia 0.4% compare
- 141 Madagascar 0.4% compare
- 142 Niger 0.3% compare
More financial sector data for Tanzania, United Republic of
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Tanzania, United Republic of?
- Non-life insurance premium volume to gdp in Tanzania, United Republic of was 0.4% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Tanzania, United Republic of?
- The highest recorded value was 0.6% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in Tanzania, United Republic of?
- The lowest recorded value was 0.3% in 2001.
- How does Tanzania, United Republic of rank for non-life insurance premium volume to gdp?
- Tanzania, United Republic of ranks 139th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Tanzania, United Republic of?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
- Where does this Tanzania, United Republic of 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.