Trinidad and Tobago: Non-life insurance premium volume
* indicates monthly or quarterly data series
| Trinidad and Tobago |
Non-life insurance premium volume, percent of GDP |
|---|---|
| Latest value | 2.61 |
| Year | 2020 |
| Measure | percent |
| Data availability | 1990 - 2020 |
| Average | 1.80 |
| Min - Max | 0.70 - 2.61 |
| Source | Swiss Re |
| Available for | Data download |
The latest value from 2020 is 2.61 percent, an increase from 2.44 percent in 2019. In comparison, the world average is 1.37 percent, based on data from 96 countries. Historically, the average for Trinidad and Tobago from 1990 to 2020 is 1.8 percent. The minimum value, 0.7 percent, was reached in 2006 while the maximum of 2.61 percent was recorded in 2020.
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* indicates monthly or quarterly data series
| Recent values | Trinidad and Tobago: Non-life insurance premium volume |
|---|---|
| 2020 | 2.61 |
| 2019 | 2.44 |
| 2018 | 2.18 |
| 2017 | 2.16 |
| 2016 | 1.86 |
| 2015 | 2.03 |
| 2014 | 1.73 |
| 2013 | 1.51 |
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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Stock market capitalization, percent of GDP | 44.07 | 2001 | percent |
| Stock market capitalization, in dollars | 3.89 | 2001 | billion U.S. dollars |
| Stock market turnover ratio | 4.27 | 2001 | percent |
| Listed companies | 26 | 2001 | companies |
| Stock market value traded | 1.88 | 2001 | percent |
| Mutual fund assets | 33.16 | 2019 | percent |
| Life insurance volume | 3.00 | 2020 | percent |
| Non-life insurance premium volume | 2.61 | 2020 | percent |
| Pension fund assets to GDP | 36.47 | 2020 | percent |
| Insurance company assets | 24.22 | 2020 | percent |
| Nonbank financial institutions assets to GDP | 44.54 | 2021 | percent |