Luxembourg vs United Kingdom of Great Britain and Northern Ireland: Life insurance premium volume to GDP
Life insurance premium volume to GDP over time
- Luxembourg
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 10.5% against 7.5% in Luxembourg, a difference of 3.0%.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.4 times Luxembourg's.
Across all 27 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Luxembourg ranks 8th and United Kingdom of Great Britain and Northern Ireland ranks 5th of 162 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.3% | 7.4% | 6.1% | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 1.8% | 12.2% | 10.5% | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 2.9% | 9.8% | 6.9% | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Luxembourg or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 10.5% against 7.5% in Luxembourg as of 2019.
- What is the difference in life insurance premium volume to gdp between Luxembourg and United Kingdom of Great Britain and Northern Ireland?
- 3.0%, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Luxembourg and United Kingdom of Great Britain and Northern Ireland?
- 27 years are reported by both, from 1993 to 2019.
- How do Luxembourg and United Kingdom of Great Britain and Northern Ireland rank globally for life insurance premium volume to gdp?
- Luxembourg ranks 8th and United Kingdom of Great Britain and Northern Ireland ranks 5th 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.