Life insurance premium volume to GDP in Belize
Belize: Life insurance premium volume to GDP was 0.9% in 2020. ▲ Rising
Life insurance premium volume to GDP in Belize, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Belize is 0.9%, measured in 2020.
That represents a change of down 6.0% on the previous year and up 16.2% over ten years.
Over the whole period, life insurance premium volume to gdp in Belize peaked at 1.0% in 2002 and was at its lowest, 0.5%, in 1995.
That places Belize 67th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Life insurance premium volume to GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.5% | — |
| 1996 | 0.6% | +9.9% |
| 1997 | 0.6% | +4.6% |
| 1998 | 0.7% | +6.8% |
| 1999 | 0.6% | -13.3% |
| 2000 | 0.7% | +25.8% |
| 2001 | 0.9% | +26.7% |
| 2002 | 1.0% | +15.1% |
| 2003 | 0.9% | -15.2% |
| 2004 | 1.0% | +8.1% |
| 2005 | 0.9% | -7.1% |
| 2006 | 0.8% | -4.8% |
| 2007 | 0.9% | +4.2% |
| 2008 | 0.8% | -3.2% |
| 2009 | 0.7% | -15.7% |
| 2010 | 0.8% | +11.3% |
| 2011 | 0.8% | +0.5% |
| 2012 | 0.8% | -4.2% |
| 2013 | 0.8% | +0.9% |
| 2014 | 0.8% | +9.4% |
| 2015 | 0.8% | -4.9% |
| 2016 | 0.9% | +12.3% |
| 2017 | 0.8% | -7.4% |
| 2018 | 0.9% | +3.3% |
| 2019 | 1.0% | +13.8% |
| 2020 | 0.9% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.7% | 5 |
| 2000s | 0.9% | 0.7% | 1.0% | 10 |
| 2010s | 0.8% | 0.8% | 1.0% | 10 |
| 2020s | 0.9% | 0.9% | 0.9% | 1 |
Countries ranked near Belize
More financial sector data for Belize
- Net domestic credit (current LCU), per capita 9,822 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.25 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 12.01 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 365.01 million SDR (2025)
- Reserves excluding gold 408.49 million SDR (2025)
- Total reserves (gold at market value) 408.49 million SDR (2025)
- Total reserves (gold at national valuation) 408.49 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 965.87 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Belize?
- Life insurance premium volume to gdp in Belize was 0.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Belize?
- The highest recorded value was 1.0% in 2002.
- What is the lowest life insurance premium volume to gdp recorded in Belize?
- The lowest recorded value was 0.5% in 1995.
- How does Belize rank for life insurance premium volume to gdp?
- Belize ranks 67th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Belize?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Belize 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.