Hong Kong vs Macao: Life insurance premium volume to GDP (%)
Hong Kong
19.4%
in 2020
Macao
13.5%
in 2020
Hong Kong rank
1st
Macao rank
3rd
Life insurance premium volume to GDP (%) over time
- Hong Kong
- Macao
How they compare
Hong Kong currently reports 19.4% against 13.5% in Macao, a difference of 5.9%.
That makes Hong Kong's figure about 1.4 times Macao's.
Across all 25 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 1st and Macao ranks 3rd of 162 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.6% | 0.9% | 1.8% | Hong Kong |
| 2000s | 7.3% | 1.6% | 5.7% | Hong Kong |
| 2010s | 13.7% | 2.9% | 10.8% | Hong Kong |
| 2020s | 19.4% | 13.5% | 5.9% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Hong Kong or Macao?
- Hong Kong, at 19.4% against 13.5% in Macao as of 2020.
- What is the difference in life insurance premium volume to gdp between Hong Kong and Macao?
- 5.9%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Macao?
- 25 years are reported by both, from 1996 to 2020.
- How do Hong Kong and Macao rank globally for life insurance premium volume to gdp?
- Hong Kong ranks 1st and Macao ranks 3rd 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.
Individual pages
About this data
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.