Life insurance premium volume to GDP (%) in Greece
Greece: Life insurance premium volume to GDP (%) was 1.1% in 2020. ▲ Rising
Life insurance premium volume to GDP in Greece, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Greece recorded 1.1% for life insurance premium volume to gdp in 2020.
Compared with earlier readings it is down 8.3% on the previous year and up 8.5% over ten years.
Over the whole period, life insurance premium volume to gdp in Greece peaked at 1.2% in 2019 and was at its lowest, 0.0%, in 2000.
Greece ranks 60th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Life insurance premium volume to GDP (%) in Greece, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.7% | — |
| 1996 | 0.7% | +3.2% |
| 1997 | 0.8% | +5.5% |
| 1998 | 0.8% | +5.7% |
| 1999 | 0.0% | -99.6% |
| 2000 | 0.0% | -5.9% |
| 2001 | 0.8% | +29867.8% |
| 2002 | 0.8% | -3.6% |
| 2003 | 0.8% | +0.1% |
| 2004 | 0.9% | +11.4% |
| 2005 | 1.0% | +8.9% |
| 2006 | 1.0% | +7.4% |
| 2007 | 1.1% | +0.9% |
| 2008 | 1.0% | -4.4% |
| 2009 | 1.0% | +2.5% |
| 2010 | 1.0% | -1.5% |
| 2011 | 1.0% | +1.6% |
| 2012 | 1.0% | -3.3% |
| 2013 | 0.9% | -10.4% |
| 2014 | 1.0% | +12.6% |
| 2015 | 1.0% | -5.3% |
| 2016 | 1.1% | +15.1% |
| 2017 | 1.1% | -3.2% |
| 2018 | 1.0% | -1.5% |
| 2019 | 1.2% | +14.9% |
| 2020 | 1.1% | -8.3% |
Greece compared with similar countries
- Greece's 1.1% is below the median for high income countries, which is 1.6%, 68% of the median. (59 countries reporting)
- Greece's 1.1% is above the median for Europe & Central Asia, which is 0.8%, 1.4× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +29867.8% | 0.0% | 0.8% |
| 1999 | -99.6% | 0.8% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.0% | 0.8% | 5 |
| 2000s | 0.8% | 0.0% | 1.1% | 10 |
| 2010s | 1.0% | 0.9% | 1.2% | 10 |
| 2020s | 1.1% | 1.1% | 1.1% | 1 |
Countries ranked near Greece
More financial sector data for Greece
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 75.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 55.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 75.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Greece?
- Life insurance premium volume to gdp in Greece was 1.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Greece?
- The highest recorded value was 1.2% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Greece?
- The lowest recorded value was 0.0% in 2000.
- How does Greece rank for life insurance premium volume to gdp?
- Greece ranks 60th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Greece?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Greece 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.