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North Africa: evolution of the penetration rate and insurance density per country

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Magazine Issue: 
2020, the year of COVID-19 [3]
Magazine date: 
May 2020

North Africa: GDP 2014-2018

In million USD
Country20142015201620172018
Egypt
305 530332 698332 928235 369250 895
Algeria
213 809165 978160 033167 390173 758
Morocco
110 081101 180103 312109 714117 921
Tunisia
47 63243 17341 80339 81339 871

North Africa GDP

* Source : World Bank

North Africa: Evolution of the population (2014-2018)

Country20142015201620172018
Egypt
90 424 65492 442 54794 447 07296 442 59398 423 595
Algeria
38 923 68739 728 02540 551 40441 389 19842 228 429
Morocco
34 192 34734 663 60335 126 29635 581 29436 029 138
Tunisia
11 063 20111 179 94911 303 94611 433 44311 565 204

North Africa Evolution population

* Source : World Bank

North Africa: Insurance penetration rate (2014-2018)

Country20142015201620172018
Morocco
2,85%3,05%3,37%3,81%3,68%
Tunisia
1,76%1,92%1,94%2,14%1,88%
Algeria
0,67%0,72%0,74%0,70%0,66%
Egypt
0,66%0,63%0,59%0,53%0,66%

North Africa Insurance penetration rate

North Africa: Evolution of insurance density (2014-2018)

In USD
Country20142015201620172018
Morocco
91,7889,1599,25117,39120,39
Tunisia
75,6974,2871,6974,5664,71
Algeria
36,8930,2029,0428,2027,30
Egypt
22,1522,8020,8212,9016,74

North Africa insurance density

Read also | North African insurance industry [4]

Maghreb
Mon, 18/05/2020 - 11:59

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[4] https://www.atlas-mag.net/en/article/north-african-insurance-industry-in-2018