Life insurance premium volume to GDP in Brunei Darussalam
Brunei Darussalam: Life insurance premium volume to GDP was 0.5% in 2020. ▼ Falling
Life insurance premium volume to GDP in Brunei Darussalam, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Brunei Darussalam 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 Darussalam peaked at 0.8% in 2003 and was at its lowest, 0.3%, in 2008.
That places Brunei Darussalam 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 Darussalam, 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% |
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 Darussalam
More financial sector data for Brunei Darussalam
- Net domestic credit (current LCU), per capita 14,807 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4594 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 2.06 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 5.12 million SDR (2025)
- Gold reserves at market value 466.38 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.00 billion SDR (2025)
- Reserves excluding gold 3.54 billion SDR (2025)
- Total reserves (gold at market value) 4.01 billion SDR (2025)
- Total reserves (gold at national valuation) 4.01 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 8,594 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Brunei Darussalam?
- Life insurance premium volume to gdp in Brunei Darussalam was 0.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Brunei Darussalam?
- The highest recorded value was 0.8% in 2003.
- What is the lowest life insurance premium volume to gdp recorded in Brunei Darussalam?
- The lowest recorded value was 0.3% in 2008.
- How does Brunei Darussalam rank for life insurance premium volume to gdp?
- Brunei Darussalam ranks 83rd out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Brunei Darussalam?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is falling.
- Where does this Brunei Darussalam 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 — 21 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.