Life insurance premium volume to GDP in Hong Kong, China
Hong Kong, China: Life insurance premium volume to GDP was 19.4% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Hong Kong, China, 1992–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Hong Kong, China is 19.4%, measured in 2020. That is the highest value across all 29 years on record.
The figure is up 7.9% on the previous year and up 98.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Hong Kong, China peaked at 19.4% in 2020 and was at its lowest, 1.6%, in 1992.
That places Hong Kong, China 1st out of 162 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Hong Kong, China, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 1.6% | — |
| 1993 | 1.7% | +3.1% |
| 1994 | 1.9% | +11.5% |
| 1995 | 2.1% | +14.2% |
| 1996 | 2.2% | +6.1% |
| 1997 | 2.4% | +5.4% |
| 1998 | 2.8% | +17.0% |
| 1999 | 3.2% | +15.8% |
| 2000 | 3.4% | +7.2% |
| 2001 | 4.3% | +25.2% |
| 2002 | 5.1% | +17.3% |
| 2003 | 6.1% | +21.5% |
| 2004 | 7.5% | +21.8% |
| 2005 | 8.1% | +8.7% |
| 2006 | 8.9% | +8.9% |
| 2007 | 10.5% | +18.4% |
| 2008 | 9.5% | -9.5% |
| 2009 | 9.4% | -0.8% |
| 2010 | 9.8% | +4.1% |
| 2011 | 10.3% | +5.0% |
| 2012 | 11.0% | +7.0% |
| 2013 | 12.1% | +9.5% |
| 2014 | 13.1% | +8.6% |
| 2015 | 13.7% | +4.6% |
| 2016 | 16.3% | +19.2% |
| 2017 | 16.6% | +1.6% |
| 2018 | 16.3% | -1.8% |
| 2019 | 18.0% | +10.5% |
| 2020 | 19.4% | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2% | 1.6% | 3.2% | 8 |
| 2000s | 7.3% | 3.4% | 10.5% | 10 |
| 2010s | 13.7% | 9.8% | 18.0% | 10 |
| 2020s | 19.4% | 19.4% | 19.4% | 1 |
Countries ranked near Hong Kong, China
- 2 Chinese Taipei 13.6% compare
- 3 Macau, China 13.5% compare
- 4 South Africa 10.8% compare
More financial sector data for Hong Kong, China
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.35 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.7308 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 41,641 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.454 % change on previous year (2023)
- Reserves excluding gold (SDR), per capita 42,075 SDR per person (2023)
- Total reserves (gold at market value) (SDR), annual growth rate -0.4501 % change on previous year (2023)
- Total reserves (gold at market value) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.4504 % change on previous year (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves in months of imports, annual growth rate -0.5027 % change on previous year (2023)
Frequently asked questions
- What is life insurance premium volume to gdp in Hong Kong, China?
- Life insurance premium volume to gdp in Hong Kong, China was 19.4% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Hong Kong, China?
- The highest recorded value was 19.4% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Hong Kong, China?
- The lowest recorded value was 1.6% in 1992.
- How does Hong Kong, China rank for life insurance premium volume to gdp?
- Hong Kong, China ranks 1st out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Hong Kong, China?
- Over the last ten years it is up 98.1%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China 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.