Guyana: Non-life insurance premium volume, percent of GDP
For that indicator, we provide data for Guyana from 1997 to 2016. The average value for Guyana during that period was 1.14 percent with a minimum of 0.26 percent in 2013 and a maximum of 2.45 percent in 2005.
The latest value from 2016 is 0.46 percent. For comparison, the world average in 2016 based on 153
countries is 1.15 percent.
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Definition: Ratio of non-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.