Life insurance volume - Country rankings

* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP, 2020:

The average for 2020 based on 22 countries was 3.62 percent. The highest value was in Hong Kong: 19.4 percent and the lowest value was in Mongolia: 0 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
Hong Kong 19.4 1 1992 - 2020
Taiwan 13.65 2 1992 - 2020
Macao 13.51 3 1996 - 2020
Singapore 8.07 4 1993 - 2020
South Korea 6.19 5 1993 - 2020
Japan 5.42 6 1993 - 2020
Thailand 3.17 7 1990 - 2020
China 2.36 8 1992 - 2020
Israel 2.2 9 1990 - 2020
Philippines 1.38 10 1990 - 2020
Indonesia 1.11 11 1990 - 2020
Sri Lanka 0.71 12 1995 - 2020
Cambodia 0.58 13 2014 - 2020
Pakistan 0.58 14 1995 - 2020
Brunei 0.54 15 1997 - 2020
Jordan 0.32 16 1992 - 2020
Kazakhstan 0.25 17 1997 - 2020
Georgia 0.1 18 1997 - 2020
Burma 0.05 19 1998 - 2020
Saudi Arabia 0.05 20 1992 - 2020
Yemen 0.03 21 1991 - 2020
Mongolia 0 22 2008 - 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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

1. Hong Kong
2. Taiwan
3. Macao
4. Singapore
5. South Korea
6. Japan
7. Thailand
8. China
9. Israel
10. Philippines
11. Indonesia
12. Sri Lanka
13. Cambodia
14. Pakistan
15. Brunei
16. Jordan
17. Kazakhstan
18. Georgia
19. Burma
20. Saudi Arabia
21. Yemen
22. Mongolia
19.40
13.65
13.51
8.07
6.19
5.42
3.17
2.36
2.20
1.38
1.11
0.71
0.58
0.58
0.54
0.32
0.25
0.10
0.05
0.05
0.03
0.00
0
4.9
9.7
14.6
19.4


This site uses cookies.
Learn more here


OK