Life insurance premium volume to GDP (%) in Azerbaijan
Azerbaijan: Life insurance premium volume to GDP (%) was 0.3% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Azerbaijan, 1999–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Azerbaijan is 0.3%, measured in 2019.
The figure is down 29.6% on the previous year and up 10,521.2% over ten years.
Over the whole period, life insurance premium volume to gdp in Azerbaijan peaked at 0.4% in 2018 and was at its lowest, 0.0%, in 2006.
That places Azerbaijan 111th out of 162 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 0.0% | — |
| 2000 | 0.0% | -47.9% |
| 2001 | 0.0% | +110.4% |
| 2002 | 0.0% | +67.4% |
| 2003 | 0.0% | +58.8% |
| 2004 | 0.0% | +9.2% |
| 2005 | 0.0% | -75.7% |
| 2006 | 0.0% | -58.5% |
| 2007 | 0.0% | +273.7% |
| 2008 | 0.0% | -68.1% |
| 2009 | 0.0% | +1.2% |
| 2010 | 0.0% | +36.0% |
| 2011 | 0.0% | +104.1% |
| 2012 | 0.0% | +292.5% |
| 2013 | 0.1% | +173.8% |
| 2014 | 0.1% | +72.2% |
| 2015 | 0.2% | +21.5% |
| 2016 | 0.2% | +21.2% |
| 2017 | 0.3% | +32.2% |
| 2018 | 0.4% | +50.9% |
| 2019 | 0.3% | -29.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.3% is below the median for upper middle income countries, which is 0.5%, 56% of the median. (46 countries reporting)
- Azerbaijan's 0.3% is below the median for Europe & Central Asia, which is 0.8%, 33% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 1 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.1% | 0.0% | 0.4% | 10 |
Countries ranked near Azerbaijan
- 108 Türkiye 0.3% compare
- 109 Estonia 0.3% compare
- 110 Burundi 0.3% compare
- 112 North Macedonia 0.3% compare
- 113 Kazakhstan 0.2% compare
- 114 Mozambique 0.2% compare
More financial sector data for Azerbaijan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Azerbaijan?
- Life insurance premium volume to gdp in Azerbaijan was 0.3% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Azerbaijan?
- The highest recorded value was 0.4% in 2018.
- What is the lowest life insurance premium volume to gdp recorded in Azerbaijan?
- The lowest recorded value was 0.0% in 2006.
- How does Azerbaijan rank for life insurance premium volume to gdp?
- Azerbaijan ranks 111th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 10,521.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan 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.