Life insurance premium volume to GDP in Georgia
Georgia: Life insurance premium volume to GDP was 0.1% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Georgia, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Georgia stood at 0.1%. That is the highest value across all 24 years on record.
The figure is up 10.0% on the previous year and up 122.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Georgia peaked at 0.1% in 2020 and was at its lowest, 0.0%, in 2000.
That places Georgia 135th out of 162 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.0% | — |
| 1998 | 0.0% | +5.2% |
| 1999 | 0.0% | +9.2% |
| 2000 | 0.0% | -50.1% |
| 2001 | 0.1% | +2670.3% |
| 2002 | 0.0% | -82.7% |
| 2003 | 0.0% | +27.6% |
| 2004 | 0.0% | +10.3% |
| 2005 | 0.0% | +130.5% |
| 2006 | 0.0% | -16.8% |
| 2007 | 0.0% | +82.4% |
| 2008 | 0.1% | +42.3% |
| 2009 | 0.1% | -19.6% |
| 2010 | 0.0% | -13.6% |
| 2011 | 0.1% | +39.9% |
| 2012 | 0.1% | +29.5% |
| 2013 | 0.0% | -47.0% |
| 2014 | 0.1% | +21.5% |
| 2015 | 0.1% | +39.4% |
| 2016 | 0.1% | -5.0% |
| 2017 | 0.1% | -11.0% |
| 2018 | 0.1% | +34.1% |
| 2019 | 0.1% | +9.8% |
| 2020 | 0.1% | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 3 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Georgia
- 132 Uzbekistan 0.1% compare
- 133 Madagascar 0.1% compare
- 134 Mali 0.1% compare
- 136 Sierra Leone 0.1% compare
- 137 Kuwait 0.1% compare
- 138 Tanzania, United Republic of 0.1% compare
More financial sector data for Georgia
- Net domestic credit (current LCU), per capita 19,315 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.99 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.13 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 8.03 million SDR (2025)
- Gold reserves at market value 731.88 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.42 billion SDR (2025)
- Reserves excluding gold 3.76 billion SDR (2025)
- Total reserves (gold at market value) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,142 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Georgia?
- Life insurance premium volume to gdp in Georgia was 0.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Georgia?
- The highest recorded value was 0.1% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Georgia?
- The lowest recorded value was 0.0% in 2000.
- How does Georgia rank for life insurance premium volume to gdp?
- Georgia ranks 135th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Georgia?
- Over the last ten years it is up 122.4%. The long-run trend across the full record is volatile.
- Where does this Georgia 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.