Papua New Guinea: Life insurance volume
* indicates monthly or quarterly data series
| Papua New Guinea |
Life insurance premium volume, percent of GDP |
|---|---|
| Latest value | 0.07 |
| Year | 2016 |
| Measure | percent |
| Data availability | 2000 - 2016 |
| Average | 0.08 |
| Min - Max | 0.04 - 0.18 |
| Source | Swiss Re |
The latest value from 2016 is 0.07 percent, unchanged from 0.07 percent in 2015. In comparison, the world average is 1.57 percent, based on data from 152 countries. Historically, the average for Papua New Guinea from 2000 to 2016 is 0.08 percent. The minimum value, 0.04 percent, was reached in 2011 while the maximum of 0.18 percent was recorded in 2001.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Stock market capitalization, percent of GDP | 7.39 | 2017 | percent |
| Stock market capitalization, in dollars | 1.68 | 2017 | billion U.S. dollars |
| Stock market turnover ratio | 0.05 | 2017 | percent |
| Listed companies | 6 | 2016 | companies |
| Stock market value traded | 0.00 | 2017 | percent |
| Life insurance volume | 0.07 | 2016 | percent |
| Non-life insurance premium volume | 0.54 | 2017 | percent |
| Pension fund assets to GDP | 18.99 | 2020 | percent |
| Insurance company assets | 1.32 | 2020 | percent |
| Nonbank financial institutions assets to GDP | 12.30 | 2020 | percent |