Benin: Life insurance volume

* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP

 Latest value 0.29
 Year 2019
 Measure percent
 Data availability 1994 - 2019
 Average 0.14
 Min - Max 0.01 - 0.29
 Source Swiss Re
For that indicator, we provide data for Benin from 1994 to 2019. The average value for Benin during that period was 0.14 percent with a minimum of 0.01 percent in 1994 and a maximum of 0.29 percent in 2019. The latest value from 2019 is 0.29 percent. For comparison, the world average in 2019 based on 131 countries is 1.74 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Benin - Life insurance volume - Recent values chart

Historical chart
Benin - Life insurance volume - historical chart - 1994-2019

Definition: Ratio of life insurance premium volume to GDP. Premium volume is the insurer's direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year. Premium data are 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.

 Related indicators Latest value Reference Measure
 Life insurance volume 0.29 2019 percent
 Non-life insurance premium volume 0.27 2019 percent
 Insurance company assets 1.69 2019 percent
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