* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP, 2020:

The average for 2020 based on 13 countries was 0.81 percent. The highest value was in Namibia: 5.49 percent and the lowest value was in Angola: 0.01 percent. The indicator is available from 1990 to 2020. Below is a chart for all countries where data are available.

Measure: percent; Source: Swiss Re
Select indicator
* indicates monthly or quarterly data series


Countries Life insurance volume, 2020 Global rank Available data
Namibia 5.49 1 1997 - 2020
Morocco 1.9 2 1990 - 2020
Kenya 1 3 1990 - 2020
Ghana 0.52 4 1990 - 2020
Burkina Faso 0.5 5 2001 - 2020
Cameroon 0.29 6 1992 - 2020
Mozambique 0.24 7 1994 - 2020
Gabon 0.23 8 1990 - 2020
Uganda 0.23 9 1996 - 2020
Tanzania 0.09 10 1996 - 2020
Algeria 0.06 11 1992 - 2020
Angola 0.01 12 1997 - 2020
Mauritania 0.01 13 2003 - 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.

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