Life insurance premium volume to GDP (%) in Algeria
Algeria: Life insurance premium volume to GDP (%) was 0.1% in 2020. ▲ Rising
Life insurance premium volume to GDP in Algeria, 1992–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Algeria stood at 0.1%.
The figure is up 26.3% on the previous year and down 5.5% over ten years.
Over the whole period, life insurance premium volume to gdp in Algeria peaked at 0.1% in 2010 and was at its lowest, 0.0%, in 2003.
Algeria ranks 141st of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Life insurance premium volume to GDP (%) in Algeria, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.0% | — |
| 1993 | 0.0% | +24.1% |
| 1994 | 0.0% | +8.7% |
| 1995 | 0.0% | -16.7% |
| 1996 | 0.0% | +3.3% |
| 1997 | 0.0% | -3.2% |
| 1998 | 0.0% | +5.2% |
| 1999 | 0.0% | -17.4% |
| 2000 | 0.0% | +10.8% |
| 2001 | 0.0% | -10.4% |
| 2002 | 0.0% | +7.2% |
| 2003 | 0.0% | -11.5% |
| 2004 | 0.0% | +43.3% |
| 2005 | 0.0% | +3.8% |
| 2006 | 0.0% | +3.3% |
| 2007 | 0.0% | +7.4% |
| 2008 | 0.0% | +31.9% |
| 2009 | 0.1% | +18.9% |
| 2010 | 0.1% | +8.2% |
| 2011 | 0.0% | -26.2% |
| 2012 | 0.0% | -3.0% |
| 2013 | 0.0% | -38.7% |
| 2014 | 0.0% | -4.9% |
| 2015 | 0.0% | +29.8% |
| 2016 | 0.0% | +19.7% |
| 2017 | 0.0% | +13.6% |
| 2018 | 0.0% | -18.9% |
| 2019 | 0.0% | +25.2% |
| 2020 | 0.1% | +26.3% |
Algeria compared with similar countries
- Algeria's 0.1% is below the median for upper middle income countries, which is 0.5%, 12% of the median. (46 countries reporting)
- Algeria's 0.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%, 16% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 8 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Algeria
More financial sector data for Algeria
- Reserve position in the IMF, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 14.63 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.28 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 14.63 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.28 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Algeria?
- Life insurance premium volume to gdp in Algeria was 0.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Algeria?
- The highest recorded value was 0.1% in 2010.
- What is the lowest life insurance premium volume to gdp recorded in Algeria?
- The lowest recorded value was 0.0% in 2003.
- How does Algeria rank for life insurance premium volume to gdp?
- Algeria ranks 141st out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Algeria?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is rising.
- Where does this Algeria 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.