Identity
Population : 4 745 000 inhabitants | |
GDP : 2.22 billions USD | |
GDP per inhabitant : 468 USD | |
GDP growth rate : 3% | |
Inflation rate : 2.7% |
Data as of 31/12/2019, Source : World Bank
The central african insurance market: main indicators
2019 | |
Turnover | 9.576 millions USD |
Penetration rate | 0.43% |
Insurance Density | 2 USD |
Data as of 31/12/2019, Source : FANAF
Structure of the central african insurance market
Non life companies | 1 |
Data as of 31/12/2019, Source: FANAF
Ministry of Finance and Budget Department of Financial, Monetary, Insurance and Microfinance Affairs | www.finances.gouv.cf [4] |
The central african insurance market: evolution of premiums
Figures in million USDActivities | 2015 | 2016 | 2017 | 2018 | 2019 |
Non life | 5.177 | 7.084 | 8.418 | 8.874 | 9.234 |
Life | - | 0.322 | - | 0.348 | 0.342 |
Total | 5.177 | 7.406 | 8.418 | 9.222 | 9.576 |
Exchange rate as at 31/12/2015 : 1 FCFA= 0.00167 USD ; as at 31/12/2016 : 1 FCFA = 0.00161 USD ; as at 31/12/2017 : 1 FCFA= 0.00183 USD ; as at 31/12/2018 : 1 FCFA= 0.00174 USD ; as at 31/12/2019: 1 FCFA = 0.00171 USD