Macao: Life insurance premium volume, percent of GDP
For that indicator, Swiss Re provides data for Macao from 1996 to 2015. The average value for Macao during that period was 1.49 percent with a minumum of 0.63 percent in 1996 and a maximum of 3.32 percent in 2015.
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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.