Indonesia vs Philippines: Life insurance premium volume to GDP
Indonesia
1.1%
in 2020
Philippines
1.4%
in 2020
Indonesia rank
57th
Philippines rank
54th
Life insurance premium volume to GDP over time
- Indonesia
- Philippines
How they compare
Philippines currently reports 1.4% against 1.1% in Indonesia, a difference of 0.3%.
That makes Philippines's figure about 1.2 times Indonesia's.
The two have swapped places 4 times across 31 shared years of data; in 1990 it was Philippines ahead.
Indonesia ranks 57th and Philippines ranks 54th of 162 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Indonesia | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3% | 0.5% | 0.2% | Philippines |
| 2000s | 0.7% | 0.8% | 0.1% | Philippines |
| 2010s | 1.1% | 1.1% | 0.0% | Philippines |
| 2020s | 1.1% | 1.4% | 0.3% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Indonesia or Philippines?
- Philippines, at 1.4% against 1.1% in Indonesia as of 2020.
- What is the difference in life insurance premium volume to gdp between Indonesia and Philippines?
- 0.3%, with Philippines ahead.
- How many years of comparable data are there for Indonesia and Philippines?
- 31 years are reported by both, from 1990 to 2020.
- How do Indonesia and Philippines rank globally for life insurance premium volume to gdp?
- Indonesia ranks 57th and Philippines ranks 54th 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.