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 12 countries was 1.47 percent. The highest value was in Trinidad and Tobago: 3 percent and the lowest value was in Costa Rica: 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
Tr.&Tobago 3 1 1990 - 2020
Barbados 2.77 2 1990 - 2020
USA 2.71 3 1996 - 2020
Aruba 2.69 4 2001 - 2020
Bahamas 1.66 5 1991 - 2020
Honduras 1.36 6 1990 - 2020
El Salvador 1.06 7 1992 - 2020
Belize 0.93 8 1995 - 2020
Panama 0.75 9 1994 - 2020
Guatemala 0.35 10 1990 - 2020
Domin. Rep. 0.22 11 1991 - 2020
Costa Rica 0.19 12 1994 - 2020


New - World map: Life insurance volume




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. Tr.&Tobago
2. Barbados
3. USA
4. Aruba
5. Bahamas
6. Honduras
7. El Salvador
8. Belize
9. Panama
10. Guatemala
11. Domin. Rep.
12. Costa Rica
3.00
2.77
2.71
2.69
1.66
1.36
1.06
0.93
0.75
0.35
0.22
0.19
0
0.8
1.5
2.3
3


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