Colombia vs Indonesia: Life insurance premium volume to GDP

Colombia
1.3%
in 2020
Indonesia
1.1%
in 2020
Colombia rank
56th
Indonesia rank
57th

Life insurance premium volume to GDP over time

  • Colombia
  • Indonesia
0.250.50.7511.2199020052020

How they compare

Colombia currently reports 1.3% against 1.1% in Indonesia, a difference of 0.2%.

That makes Colombia's figure about 1.2 times Indonesia's.

The two have swapped places 5 times across 27 shared years of data; in 1994 it was Indonesia ahead.

Colombia ranks 56th and Indonesia ranks 57th of 162 countries.

Colombia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Colombia Indonesia Difference Ahead
1990s 0.4% 0.4% 0.0% Colombia
2000s 0.8% 0.7% 0.1% Colombia
2010s 1.1% 1.1% 0.0% Colombia
2020s 1.3% 1.1% 0.2% Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Colombia or Indonesia?
Colombia, at 1.3% against 1.1% in Indonesia as of 2020.
What is the difference in life insurance premium volume to gdp between Colombia and Indonesia?
0.2%, with Colombia ahead.
How many years of comparable data are there for Colombia and Indonesia?
27 years are reported by both, from 1994 to 2020.
How do Colombia and Indonesia rank globally for life insurance premium volume to gdp?
Colombia ranks 56th and Indonesia ranks 57th of 162 countries.
Where does this data come from?
Sigma Reports, Swiss Re, published as Life insurance premium volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Indonesia: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/colombia/indonesia/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

Premium data is 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.