Life insurance premium volume to GDP (%) in Bulgaria
Bulgaria: Life insurance premium volume to GDP (%) was 0.3% in 2020. ▲ Rising
Life insurance premium volume to GDP in Bulgaria, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Bulgaria is 0.3%, measured in 2020.
That represents a change of down 2.2% on the previous year and up 1.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Bulgaria peaked at 0.5% in 1995 and was at its lowest, 0.1%, in 1998.
That places Bulgaria 105th 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 25 years of available data.
Life insurance premium volume to GDP (%) in Bulgaria, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.5% | — |
| 1996 | 0.4% | -25.4% |
| 1998 | 0.1% | -73.4% |
| 1999 | 0.1% | +14.4% |
| 2000 | 0.1% | +28.2% |
| 2001 | 0.3% | +91.2% |
| 2002 | 0.4% | +58.4% |
| 2003 | 0.2% | -56.1% |
| 2004 | 0.2% | +22.2% |
| 2005 | 0.3% | +29.1% |
| 2006 | 0.3% | +14.1% |
| 2007 | 0.4% | +9.3% |
| 2008 | 0.3% | -5.3% |
| 2009 | 0.3% | -19.7% |
| 2010 | 0.3% | +9.8% |
| 2011 | 0.3% | -5.2% |
| 2012 | 0.3% | +4.3% |
| 2013 | 0.3% | +12.6% |
| 2014 | 0.4% | +5.4% |
| 2015 | 0.4% | +8.2% |
| 2016 | 0.4% | +2.9% |
| 2017 | 0.4% | -9.3% |
| 2018 | 0.3% | -8.5% |
| 2019 | 0.3% | -4.8% |
| 2020 | 0.3% | -2.2% |
Bulgaria compared with similar countries
- Bulgaria's 0.3% is below the median for high income countries, which is 1.6%, 19% of the median. (59 countries reporting)
- Bulgaria's 0.3% is below the median for Europe & Central Asia, which is 0.8%, 38% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.1% | 0.5% | 4 |
| 2000s | 0.3% | 0.1% | 0.4% | 10 |
| 2010s | 0.3% | 0.3% | 0.4% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Bulgaria
More financial sector data for Bulgaria
- 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 20.89 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 15.25 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 20.89 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 Bulgaria?
- Life insurance premium volume to gdp in Bulgaria was 0.3% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Bulgaria?
- The highest recorded value was 0.5% in 1995.
- What is the lowest life insurance premium volume to gdp recorded in Bulgaria?
- The lowest recorded value was 0.1% in 1998.
- How does Bulgaria rank for life insurance premium volume to gdp?
- Bulgaria ranks 105th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Bulgaria?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Bulgaria 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.