Canada: Life insurance volume

* indicates monthly or quarterly data series
 Canada

Life insurance premium volume, percent of GDP

 Latest value 3.19
 Year 2019
 Measure percent
 Data availability 1992 - 2019
 Average 2.95
 Min - Max 2.57 - 3.28
 Source Swiss Re
For that indicator, we provide data for Canada from 1992 to 2019. The average value for Canada during that period was 2.95 percent with a minimum of 2.57 percent in 1995 and a maximum of 3.28 percent in 2009. The latest value from 2019 is 3.19 percent. For comparison, the world average in 2019 based on 131 countries is 1.74 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
Canada - Life insurance volume - Recent values chart

Historical chart
Canada - Life insurance volume - historical chart - 1992-2019




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
 Stock market capitalization, percent of GDP 126.98 2022 percent
 Stock market capitalization, in dollars 2,641.45 2020 billion U.S. dollars
 Stock market turnover ratio 81.95 2022 percent
 Listed companies 3,534 2022 companies
 Stock market value traded 61.33 2020 percent
 Stock market return 23.70 2021 percent
 Stock market access for smaller firms 68.46 2016 percent
 Stock market activity for smaller firms 74.54 2016 percent
 Stock price volatility 22.87 2021 percent
 Mutual fund assets 97.56 2020 percent
 Life insurance volume 3.19 2019 percent
 Non-life insurance premium volume 3.32 2020 percent
 Pension fund assets to GDP 179.68 2020 percent
 Insurance company assets 83.68 2020 percent
 Nonbank financial institutions assets to GDP 64.09 2006 percent
 Stock market index 140.22 9/2023 points
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