Life insurance premium volume to GDP (%) in Honduras
Honduras: Life insurance premium volume to GDP (%) was 1.4% in 2020. ▲ Rising
Life insurance premium volume to GDP in Honduras, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Honduras stood at 1.4%. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 116.1% on the previous year and up 169.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Honduras peaked at 1.4% in 2020 and was at its lowest, 0.3%, in 1991.
That places Honduras 55th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP (%) in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.4% | — |
| 1991 | 0.3% | -7.5% |
| 1992 | 0.3% | +3.2% |
| 1993 | 0.3% | +0.4% |
| 1994 | 0.3% | -3.4% |
| 1995 | 0.4% | +7.1% |
| 1996 | 0.4% | +0.9% |
| 1997 | 0.4% | +6.3% |
| 1998 | 0.5% | +18.1% |
| 1999 | 0.5% | +6.8% |
| 2000 | 0.5% | +13.0% |
| 2001 | 0.6% | +2.1% |
| 2002 | 0.6% | -0.6% |
| 2003 | 0.4% | -25.8% |
| 2004 | 0.4% | +0.5% |
| 2005 | 0.4% | -2.5% |
| 2006 | 0.4% | +10.7% |
| 2007 | 0.5% | +9.8% |
| 2008 | 0.5% | +6.9% |
| 2009 | 0.5% | -0.1% |
| 2010 | 0.5% | -3.7% |
| 2011 | 0.5% | +6.7% |
| 2012 | 0.6% | +4.5% |
| 2013 | 0.6% | +9.6% |
| 2014 | 0.6% | -5.0% |
| 2015 | 0.6% | +3.8% |
| 2016 | 0.7% | +9.2% |
| 2017 | 0.6% | -11.7% |
| 2018 | 0.6% | +7.7% |
| 2019 | 0.6% | -0.7% |
| 2020 | 1.4% | +116.1% |
Honduras compared with similar countries
- Honduras's 1.4% is above the median for lower middle income countries, which is 0.4%, 3.6× the median. (37 countries reporting)
- Honduras's 1.4% is above the median for Latin America & Caribbean, which is 1.0%, 1.4× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Honduras 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 |
|---|---|---|---|
| 2020 | +116.1% | 0.6% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.3% | 0.5% | 10 |
| 2000s | 0.5% | 0.4% | 0.6% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 10 |
| 2020s | 1.4% | 1.4% | 1.4% | 1 |
Countries ranked near Honduras
More financial sector data for Honduras
- 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 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.82 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.52 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 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.82 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 Honduras?
- Life insurance premium volume to gdp in Honduras was 1.4% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Honduras?
- The highest recorded value was 1.4% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Honduras?
- The lowest recorded value was 0.3% in 1991.
- How does Honduras rank for life insurance premium volume to gdp?
- Honduras ranks 55th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Honduras?
- Over the last ten years it is up 169.1%. The long-run trend across the full record is rising.
- Where does this Honduras 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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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.