Macao: Life insurance volume

* indicates monthly or quarterly data series
 Macao

Life insurance premium volume, percent of GDP

 Latest value 13.51
 Year 2020
 Measure percent
 Data availability 1996 - 2020
 Average 2.5
 Min - Max 0.59 - 13.51
 Source Swiss Re
For that indicator, we provide data for Macao from 1996 to 2020. The average value for Macao during that period was 2.5 percent with a minimum of 0.59 percent in 1996 and a maximum of 13.51 percent in 2020. The latest value from 2020 is 13.51 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
Macao - Life insurance volume - recent values

Historical chart
Macao - Life insurance volume - historical chart - 1996-2020




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 13.51 2020 percent
 Non-life insurance premium volume 1.27 2020 percent
 Pension fund assets to GDP 19.06 2020 percent
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