Life insurance premium volume to GDP (%) in Brunei
Brunei: Life insurance premium volume to GDP (%) was 0.5% in 2020. ▼ Falling
Life insurance premium volume to GDP in Brunei, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Brunei is 0.5%, measured in 2020.
Compared with earlier readings it is down 18.4% on the previous year and up 52.7% over ten years.
Over the whole period, life insurance premium volume to gdp in Brunei peaked at 0.8% in 2003 and was at its lowest, 0.3%, in 2008.
That places Brunei 83rd out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Life insurance premium volume to GDP (%) in Brunei, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.7% | — |
| 1998 | 0.4% | -45.1% |
| 2001 | 0.6% | +60.4% |
| 2002 | 0.6% | -1.3% |
| 2003 | 0.8% | +32.5% |
| 2004 | 0.3% | -54.9% |
| 2005 | 0.3% | -0.2% |
| 2006 | 0.3% | -15.2% |
| 2007 | 0.3% | +0.6% |
| 2008 | 0.3% | -12.4% |
| 2009 | 0.4% | +36.9% |
| 2011 | 0.3% | -16.7% |
| 2012 | 0.3% | +1.1% |
| 2013 | 0.3% | +7.0% |
| 2014 | 0.3% | +6.9% |
| 2015 | 0.4% | +27.8% |
| 2016 | 0.5% | +16.0% |
| 2017 | 0.5% | -7.5% |
| 2018 | 0.4% | -4.9% |
| 2019 | 0.7% | +48.8% |
| 2020 | 0.5% | -18.4% |
Brunei compared with similar countries
- Brunei's 0.5% is below the median for high income countries, which is 1.6%, 33% of the median. (59 countries reporting)
- Brunei's 0.5% is below the median for East Asia & Pacific, which is 1.4%, 39% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.7% | 2 |
| 2000s | 0.4% | 0.3% | 0.8% | 9 |
| 2010s | 0.4% | 0.3% | 0.7% | 9 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Brunei
More financial sector data for Brunei
- 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 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 103.37 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 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 75.48 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 0.0032 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 103.37 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 Brunei?
- Life insurance premium volume to gdp in Brunei was 0.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Brunei?
- The highest recorded value was 0.8% in 2003.
- What is the lowest life insurance premium volume to gdp recorded in Brunei?
- The lowest recorded value was 0.3% in 2008.
- How does Brunei rank for life insurance premium volume to gdp?
- Brunei ranks 83rd out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Brunei?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is falling.
- Where does this Brunei 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.