Taiwan: Life insurance volume

* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP

 Latest value 16.54
 Reference 2019
 Measure percent
 Source Swiss Re

For that indicator, we provide data for Taiwan from 1992 to 2019. The average value for Taiwan during that period was 10.01 percent with a minimum of 3.23 percent in 1992 and a maximum of 17.3 percent in 2018. The latest value from 2019 is 16.54 percent. For comparison, the world average in 2019 based on 92 countries is 1.84 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

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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.
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