Belize: Life insurance volume

* indicates monthly or quarterly data series
 Belize

Life insurance premium volume, percent of GDP

 Latest value 0.93
 Year 2020
 Measure percent
 Data availability 1995 - 2020
 Average 0.80
 Min - Max 0.53 - 1.04
 Source Swiss Re
For that indicator, we provide data for Belize from 1995 to 2020. The average value for Belize during that period was 0.8 percent with a minimum of 0.53 percent in 1995 and a maximum of 1.04 percent in 2002. The latest value from 2020 is 0.93 percent. For comparison, the world average in 2020 based on 92 countries is 1.90 percent. 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 values chart
Belize - Life insurance volume - Recent values chart

Historical chart
Belize - Life insurance volume - historical chart - 1995-2020




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.


 Related indicators Latest value Reference Measure
 Life insurance volume 0.93 2020 percent
 Non-life insurance premium volume 3.14 2020 percent
 Nonbank financial institutions assets to GDP 10.88 2005 percent
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