Madagascar: Life insurance volume

* indicates monthly or quarterly data series
 Madagascar

Life insurance premium volume, percent of GDP

 Latest value 0.11
 Year 2018
 Measure percent
 Data availability 1990 - 2018
 Average 0.09
 Min - Max 0.04 - 0.16
 Source Swiss Re
The latest value from 2018 is 0.11 percent, a decline from 0.12 percent in 2017. In comparison, the world average is 1.56 percent, based on data from 147 countries. Historically, the average for Madagascar from 1990 to 2018 is 0.09 percent. The minimum value, 0.04 percent, was reached in 1995 while the maximum of 0.16 percent was recorded in 2013. 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 data
Madagascar - Life insurance volume - Recent values chart

Historical series
Madagascar - Life insurance volume - historical chart - 1990-2018




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 0.11 2018 percent
 Non-life insurance premium volume 0.35 2018 percent
 Pension fund assets to GDP 1.94 2018 percent
 Insurance company assets 1.33 2018 percent
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