Life insurance premium volume to GDP in Denmark
Denmark: Life insurance premium volume to GDP was 8.3% in 2020. ▲ Rising
Life insurance premium volume to GDP in Denmark, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Denmark stood at 8.3%. That is the highest value across all 31 years on record.
That represents a change of up 5.8% on the previous year and up 29.5% over ten years.
Over the whole period, life insurance premium volume to gdp in Denmark peaked at 8.3% in 2020 and was at its lowest, 2.4%, in 1990.
Denmark ranks 6th of 162 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 2.4% | — |
| 1991 | 2.5% | +4.6% |
| 1992 | 2.7% | +5.9% |
| 1993 | 3.1% | +17.3% |
| 1994 | 3.0% | -5.8% |
| 1995 | 3.1% | +5.7% |
| 1996 | 3.5% | +12.4% |
| 1997 | 3.7% | +5.6% |
| 1998 | 4.6% | +23.0% |
| 1999 | 4.5% | -0.6% |
| 2000 | 4.7% | +3.2% |
| 2001 | 4.9% | +5.6% |
| 2002 | 5.2% | +5.5% |
| 2003 | 5.5% | +6.5% |
| 2004 | 5.9% | +5.9% |
| 2005 | 6.3% | +7.4% |
| 2006 | 6.5% | +3.2% |
| 2007 | 5.9% | -10.2% |
| 2008 | 6.2% | +6.3% |
| 2009 | 6.2% | -0.1% |
| 2010 | 6.4% | +3.2% |
| 2011 | 6.7% | +4.6% |
| 2012 | 6.8% | +1.7% |
| 2013 | 6.9% | +1.1% |
| 2014 | 7.1% | +2.5% |
| 2015 | 7.2% | +2.4% |
| 2016 | 7.2% | -0.5% |
| 2017 | 7.8% | +7.6% |
| 2018 | 8.0% | +2.9% |
| 2019 | 7.9% | -1.5% |
| 2020 | 8.3% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 2.4% | 4.6% | 10 |
| 2000s | 5.7% | 4.7% | 6.5% | 10 |
| 2010s | 7.2% | 6.4% | 8.0% | 10 |
| 2020s | 8.3% | 8.3% | 8.3% | 1 |
Countries ranked near Denmark
- 3 Macao 13.5% compare
- 4 South Africa 10.8% compare
- 5 United Kingdom 10.5% compare
- 7 Singapore 8.1% compare
- 8 Luxembourg 7.5% compare
- 9 South Korea 6.2% compare
More financial sector data for Denmark
- Total reserves in months of imports, annual growth rate -6.25 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 10.43 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1741 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 13,399 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 9.66 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 14,388 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 12.23 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 15,524 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Denmark?
- Life insurance premium volume to gdp in Denmark was 8.3% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Denmark?
- The highest recorded value was 8.3% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Denmark?
- The lowest recorded value was 2.4% in 1990.
- How does Denmark rank for life insurance premium volume to gdp?
- Denmark ranks 6th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Denmark?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
- Where does this Denmark 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.