* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP, 2020:

The average for 2020 based on 15 countries was 0.77 percent. The highest value was in Chile: 1.94 percent and the lowest value was in Paraguay: 0.17 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
Chile 1.94 1 1990 - 2020
Uruguay 1.39 2 1995 - 2020
Honduras 1.36 3 1990 - 2020
Colombia 1.35 4 1994 - 2020
El Salvador 1.06 5 1992 - 2020
Peru 0.87 6 1993 - 2020
Panama 0.75 7 1994 - 2020
Bolivia 0.61 8 1990 - 2020
Ecuador 0.48 9 1994 - 2020
Brazil 0.43 10 1994 - 2020
Guatemala 0.35 11 1990 - 2020
Argentina 0.33 12 1990 - 2020
Domin. Rep. 0.22 13 1991 - 2020
Costa Rica 0.19 14 1994 - 2020
Paraguay 0.17 15 1990 - 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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