* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP, 2019 - Country rankings:

The average for 2019 based on 3 countries was 1.22 percent.The highest value was in Australia: 1.51 percent and the lowest value was in New Zealand: 0.9 percent. The indicator is available from 1990 to 2019. Below is a chart for all countries where data are available.

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

Countries Life insurance volume, 2019 Global rank Available data
Australia 1.51 1 1993 - 2019
Fiji 1.25 2 1991 - 2019
New Zealand 0.9 3 1995 - 2019

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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