Life insurance premium volume to GDP (%) in Fiji
Fiji: Life insurance premium volume to GDP (%) was 1.4% in 2019. ▼ Falling
Life insurance premium volume to GDP in Fiji, 1991–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, life insurance premium volume to gdp in Fiji stood at 1.4%.
Compared with earlier readings it is up 2.5% on the previous year and down 17.2% over ten years.
Over the whole period, life insurance premium volume to gdp in Fiji peaked at 1.9% in 1995 and was at its lowest, 1.3%, in 2017.
That places Fiji 52nd out of 162 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Life insurance premium volume to GDP (%) in Fiji, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.3% | — |
| 1992 | 1.4% | +3.3% |
| 1993 | 1.5% | +11.0% |
| 1994 | 1.7% | +11.2% |
| 1995 | 1.9% | +13.8% |
| 1996 | 1.7% | -12.6% |
| 1997 | 1.8% | +4.5% |
| 1998 | 1.7% | -5.9% |
| 1999 | 1.6% | -6.4% |
| 2000 | 1.8% | +16.8% |
| 2001 | 1.7% | -4.1% |
| 2002 | 1.8% | +2.2% |
| 2003 | 1.7% | -5.6% |
| 2004 | 1.7% | -0.4% |
| 2005 | 1.6% | -2.4% |
| 2006 | 1.6% | -2.7% |
| 2007 | 1.6% | +1.2% |
| 2008 | 1.6% | +1.9% |
| 2009 | 1.7% | +3.1% |
| 2010 | 1.6% | -6.3% |
| 2011 | 1.5% | -4.0% |
| 2012 | 1.7% | +11.6% |
| 2013 | 1.8% | +4.0% |
| 2014 | 1.5% | -15.7% |
| 2015 | 1.3% | -9.6% |
| 2016 | 1.4% | +3.4% |
| 2017 | 1.3% | -6.8% |
| 2018 | 1.4% | +5.2% |
| 2019 | 1.4% | +2.5% |
Fiji compared with similar countries
- Fiji's 1.4% is above the median for upper middle income countries, which is 0.5%, 2.9× the median. (46 countries reporting)
- Fiji's 1.4% is above the median for East Asia & Pacific, which is 1.4%, 1.0× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.3% | 1.9% | 9 |
| 2000s | 1.7% | 1.6% | 1.8% | 10 |
| 2010s | 1.5% | 1.3% | 1.8% | 10 |
Countries ranked near Fiji
More financial sector data for Fiji
- Reserve position in the IMF, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 36.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.344 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 26.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 36.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.344 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Fiji?
- Life insurance premium volume to gdp in Fiji was 1.4% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Fiji?
- The highest recorded value was 1.9% in 1995.
- What is the lowest life insurance premium volume to gdp recorded in Fiji?
- The lowest recorded value was 1.3% in 2017.
- How does Fiji rank for life insurance premium volume to gdp?
- Fiji ranks 52nd out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Fiji?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is falling.
- Where does this Fiji 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.