Life insurance premium volume to GDP in Albania
Albania: Life insurance premium volume to GDP was 0.1% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Albania, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Albania stood at 0.1%.
The figure is up 2.0% on the previous year and up 9.0% over ten years.
Over the whole period, life insurance premium volume to gdp in Albania peaked at 0.1% in 2011 and was at its lowest, 0.0%, in 1997.
Albania ranks 140th of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Albania, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.0% | — |
| 1998 | 0.0% | +74.1% |
| 1999 | 0.0% | +19.0% |
| 2000 | 0.0% | +84.8% |
| 2001 | 0.0% | +1705.8% |
| 2002 | 0.0% | +50.0% |
| 2003 | 0.0% | -72.6% |
| 2004 | 0.0% | +20.1% |
| 2005 | 0.0% | +92.0% |
| 2006 | 0.0% | +17.2% |
| 2007 | 0.0% | +17.5% |
| 2008 | 0.0% | +12.0% |
| 2009 | 0.1% | +34.4% |
| 2010 | 0.1% | +8.4% |
| 2011 | 0.1% | +19.7% |
| 2012 | 0.1% | -18.4% |
| 2013 | 0.1% | +7.9% |
| 2014 | 0.1% | +3.0% |
| 2015 | 0.1% | -3.3% |
| 2016 | 0.1% | -7.5% |
| 2017 | 0.1% | +17.3% |
| 2018 | 0.1% | -10.2% |
| 2019 | 0.1% | +4.5% |
| 2020 | 0.1% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 3 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Albania
More financial sector data for Albania
- Net domestic credit (current LCU), per capita 558,173 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 49.07 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 8.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 4.20 million SDR (2025)
- Gold reserves at market value 382.72 million SDR (2025)
- Reserves excluding gold, foreign exchange 5.67 billion SDR (2025)
- Reserves excluding gold 5.90 billion SDR (2025)
- Total reserves (gold at market value) 6.28 billion SDR (2025)
- Total reserves (gold at national valuation) 6.27 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,667 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Albania?
- Life insurance premium volume to gdp in Albania was 0.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Albania?
- The highest recorded value was 0.1% in 2011.
- What is the lowest life insurance premium volume to gdp recorded in Albania?
- The lowest recorded value was 0.0% in 1997.
- How does Albania rank for life insurance premium volume to gdp?
- Albania ranks 140th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Albania?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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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.