Djibouti: Life insurance volume
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Djibouti |
Life insurance premium volume, percent of GDP |
---|---|
Latest value | 0.05 |
Year | 2011 |
Measure | percent |
Data availability | 2006 - 2011 |
Average | 0.04 |
Min - Max | 0.02 - 0.05 |
Source | Swiss Re |
The latest value from 2011 is 0.05 percent, unchanged from 0.05 percent in 2009. In comparison, the world average is 1.39 percent, based on data from 159 countries. Historically, the average for Djibouti from 2006 to 2011 is 0.04 percent. The minimum value, 0.02 percent, was reached in 2006 while the maximum of 0.05 percent was recorded in 2009.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Life insurance volume | 0.05 | 2011 | percent |
Non-life insurance premium volume | 1.12 | 2011 | percent |
Nonbank financial institutions assets to GDP | 2.87 | 1996 | percent |