Life insurance premium volume to GDP in Germany
Germany: Life insurance premium volume to GDP was 3.1% in 2020. ▲ Rising
Life insurance premium volume to GDP in Germany, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Germany stood at 3.1%.
That represents a change of up 3.4% on the previous year and down 12.2% over ten years.
Over the whole period, life insurance premium volume to gdp in Germany peaked at 3.5% in 2010 and was at its lowest, 2.0%, in 1991.
That places Germany 22nd out of 162 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP in Germany, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 2.1% | — |
| 1991 | 2.0% | -3.4% |
| 1992 | 2.1% | +3.4% |
| 1993 | 2.3% | +8.5% |
| 1994 | 2.4% | +4.8% |
| 1995 | 2.4% | +2.7% |
| 1996 | 2.5% | +3.5% |
| 1997 | 2.6% | +3.1% |
| 1998 | 2.7% | +2.4% |
| 1999 | 2.9% | +6.8% |
| 2000 | 2.9% | +1.8% |
| 2001 | 2.9% | -0.8% |
| 2002 | 3.0% | +3.2% |
| 2003 | 3.1% | +4.4% |
| 2004 | 3.1% | +0.3% |
| 2005 | 3.3% | +5.8% |
| 2006 | 3.3% | -0.2% |
| 2007 | 3.2% | -3.8% |
| 2008 | 3.1% | -1.0% |
| 2009 | 3.5% | +11.5% |
| 2010 | 3.5% | +1.1% |
| 2011 | 3.2% | -8.5% |
| 2012 | 3.3% | +1.4% |
| 2013 | 3.2% | -1.2% |
| 2014 | 3.2% | -1.0% |
| 2015 | 3.1% | -4.3% |
| 2016 | 2.9% | -5.4% |
| 2017 | 2.8% | -4.0% |
| 2018 | 2.8% | -0.5% |
| 2019 | 3.0% | +8.2% |
| 2020 | 3.1% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 2.0% | 2.9% | 10 |
| 2000s | 3.1% | 2.9% | 3.5% | 10 |
| 2010s | 3.1% | 2.8% | 3.5% | 10 |
| 2020s | 3.1% | 3.1% | 3.1% | 1 |
Countries ranked near Germany
More financial sector data for Germany
- Total reserves in months of imports, annual growth rate 42.89 % 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 0.9878 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 327.32 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.0842 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 889.69 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 44.18 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 5,004 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Germany?
- Life insurance premium volume to gdp in Germany was 3.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Germany?
- The highest recorded value was 3.5% in 2010.
- What is the lowest life insurance premium volume to gdp recorded in Germany?
- The lowest recorded value was 2.0% in 1991.
- How does Germany rank for life insurance premium volume to gdp?
- Germany ranks 22nd out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Germany?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- Where does this Germany 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.