Albania: Life insurance volume

* indicates monthly or quarterly data series
 Albania

Life insurance premium volume, percent of GDP

 Latest value 0.07
 Year 2020
 Measure percent
 Data availability 1997 - 2020
 Average 0.05
 Min - Max 0.00 - 0.08
 Source Swiss Re
The latest value from 2020 is 0.07 percent, unchanged from 0.07 percent in 2019. In comparison, the world average is 1.90 percent, based on data from 92 countries. Historically, the average for Albania from 1997 to 2020 is 0.05 percent. The minimum value, 0 percent, was reached in 1997 while the maximum of 0.08 percent was recorded in 2011. 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
Albania - Life insurance volume - Recent values chart

Historical series
Albania - Life insurance volume - historical chart - 1997-2020




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
 Mutual fund assets 4.18 2020 percent
 Life insurance volume 0.07 2020 percent
 Non-life insurance premium volume 0.89 2020 percent
 Pension fund assets to GDP 0.22 2020 percent
 Insurance company assets 2.40 2020 percent
 Nonbank financial institutions assets to GDP 6.55 2021 percent
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