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 24 countries was 2.17 percent. The highest value was in Denmark: 8.31 percent and the lowest value was in Romania: 0.19 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
Denmark 8.31 1 1990 - 2020
Luxembourg 7.51 2 1993 - 2020
France 5.29 3 1991 - 2020
Italy 4.92 4 1991 - 2020
Ireland 3.69 5 1990 - 2020
Germany 3.1 6 1990 - 2020
Portugal 2.23 7 1994 - 2020
Cyprus 1.95 8 1991 - 2020
Spain 1.77 9 1990 - 2020
Finland 1.68 10 1993 - 2020
Slovenia 1.62 11 1995 - 2020
Netherlands 1.54 12 1992 - 2020
Austria 1.43 13 1993 - 2020
Hungary 1.11 14 1995 - 2020
Greece 1.1 15 1995 - 2020
Slovakia 0.95 16 1993 - 2020
Czechia 0.9 17 1993 - 2020
Croatia 0.71 18 1994 - 2020
Poland 0.61 19 1994 - 2020
Lithuania 0.52 20 1995 - 2020
Latvia 0.47 21 1993 - 2020
Bulgaria 0.3 22 1995 - 2020
Estonia 0.28 23 1994 - 2020
Romania 0.19 24 1995 - 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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All articles

1. Denmark
2. Luxembourg
3. France
4. Italy
5. Ireland
6. Germany
7. Portugal
8. Cyprus
9. Spain
10. Finland
11. Slovenia
12. Netherlands
13. Austria
14. Hungary
15. Greece
16. Slovakia
17. Czechia
18. Croatia
19. Poland
20. Lithuania
21. Latvia
22. Bulgaria
23. Estonia
24. Romania
8.31
7.51
5.29
4.92
3.69
3.10
2.23
1.95
1.77
1.68
1.62
1.54
1.43
1.11
1.10
0.95
0.90
0.71
0.61
0.52
0.47
0.30
0.28
0.19
0
2.1
4.2
6.2
8.31


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