Macau, China vs South Africa: Life insurance premium volume to GDP

Macau, China
13.5%
in 2020
South Africa
10.8%
in 2019
Macau, China rank
3rd
South Africa rank
4th

Life insurance premium volume to GDP over time

  • Macau, China
  • South Africa
051015199420072020

How they compare

Macau, China currently reports 13.5% against 10.8% in South Africa, a difference of 2.7%.

That makes Macau, China's figure about 1.3 times South Africa's.

Across all 23 years both countries report, South Africa has been ahead every year.

Macau, China ranks 3rd and South Africa ranks 4th of 162 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Macau, China South Africa Difference Ahead
1990s 0.9% 12.5% 11.6% South Africa
2000s 1.6% 12.0% 10.4% South Africa
2010s 2.8% 10.1% 7.3% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Macau, China or South Africa?
Macau, China, at 13.5% against 10.8% in South Africa as of 2020.
What is the difference in life insurance premium volume to gdp between Macau, China and South Africa?
2.7%, with Macau, China ahead.
How many years of comparable data are there for Macau, China and South Africa?
23 years are reported by both, from 1996 to 2019.
How do Macau, China and South Africa rank globally for life insurance premium volume to gdp?
Macau, China ranks 3rd and South Africa ranks 4th 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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Macau, China vs South Africa: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/macao-sar-china/south-africa/

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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.