Life insurance premium volume to GDP in Ecuador
Ecuador: Life insurance premium volume to GDP was 0.5% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Ecuador, 1994–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Ecuador is 0.5%, measured in 2020. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 9.6% on the previous year and up 60.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Ecuador peaked at 0.5% in 2020 and was at its lowest, 0.1%, in 1994.
Ecuador ranks 90th of 162 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 0.1% | — |
| 1995 | 0.1% | +2.6% |
| 1996 | 0.1% | +11.1% |
| 1997 | 0.1% | -0.1% |
| 1998 | 0.1% | +20.7% |
| 1999 | 0.1% | -13.1% |
| 2000 | 0.1% | -16.0% |
| 2001 | 0.1% | +20.3% |
| 2002 | 0.1% | +11.1% |
| 2003 | 0.1% | +18.3% |
| 2004 | 0.2% | +12.8% |
| 2005 | 0.2% | +19.0% |
| 2006 | 0.2% | +9.4% |
| 2007 | 0.2% | +8.9% |
| 2008 | 0.3% | +15.2% |
| 2009 | 0.3% | +9.8% |
| 2010 | 0.3% | +3.9% |
| 2011 | 0.3% | +11.6% |
| 2012 | 0.3% | +2.5% |
| 2013 | 0.4% | +10.0% |
| 2014 | 0.3% | -14.8% |
| 2015 | 0.4% | +11.9% |
| 2016 | 0.4% | +13.5% |
| 2017 | 0.4% | +0.8% |
| 2018 | 0.5% | +13.3% |
| 2019 | 0.4% | -6.1% |
| 2020 | 0.5% | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 6 |
| 2000s | 0.2% | 0.1% | 0.3% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Ecuador
More financial sector data for Ecuador
- Total reserves in months of imports, annual growth rate 30.1 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 24.24 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.034 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 242.06 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 23.66 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 243.82 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 35.07 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 391.17 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Ecuador?
- Life insurance premium volume to gdp in Ecuador was 0.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Ecuador?
- The highest recorded value was 0.5% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Ecuador?
- The lowest recorded value was 0.1% in 1994.
- How does Ecuador rank for life insurance premium volume to gdp?
- Ecuador ranks 90th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Ecuador?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.