Life insurance premium volume to GDP (%) in Indonesia
Indonesia: Life insurance premium volume to GDP (%) was 1.1% in 2020. ▲ Rising
Life insurance premium volume to GDP in Indonesia, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Indonesia is 1.1%, measured in 2020.
Compared with earlier readings it is up 2.0% on the previous year and up 9.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Indonesia peaked at 1.2% in 2016 and was at its lowest, 0.2%, in 1990.
Indonesia ranks 57th of 162 countries on this measure, 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 Indonesia, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.2% | — |
| 1991 | 0.2% | +4.3% |
| 1992 | 0.2% | +20.9% |
| 1993 | 0.3% | +18.2% |
| 1994 | 0.3% | +29.3% |
| 1995 | 0.4% | +7.1% |
| 1996 | 0.4% | +13.5% |
| 1997 | 0.5% | +10.8% |
| 1998 | 0.4% | -14.3% |
| 1999 | 0.4% | -3.3% |
| 2000 | 0.5% | +17.9% |
| 2001 | 0.5% | +4.6% |
| 2002 | 0.5% | +12.5% |
| 2003 | 0.6% | +10.5% |
| 2004 | 0.7% | +17.2% |
| 2005 | 0.7% | -1.0% |
| 2006 | 0.8% | +18.5% |
| 2007 | 1.0% | +22.9% |
| 2008 | 0.9% | -13.1% |
| 2009 | 0.9% | +9.4% |
| 2010 | 1.0% | +7.6% |
| 2011 | 1.1% | +7.7% |
| 2012 | 1.2% | +8.4% |
| 2013 | 1.1% | -9.8% |
| 2014 | 1.0% | -5.2% |
| 2015 | 1.1% | +8.3% |
| 2016 | 1.2% | +10.5% |
| 2017 | 1.2% | -1.0% |
| 2018 | 1.1% | -5.8% |
| 2019 | 1.1% | -3.9% |
| 2020 | 1.1% | +2.0% |
Indonesia compared with similar countries
- Indonesia's 1.1% is above the median for upper middle income countries, which is 0.5%, 2.3× the median. (46 countries reporting)
- Indonesia's 1.1% is below the median for East Asia & Pacific, which is 1.4%, 80% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.2% | 0.5% | 10 |
| 2000s | 0.7% | 0.5% | 1.0% | 10 |
| 2010s | 1.1% | 1.0% | 1.2% | 10 |
| 2020s | 1.1% | 1.1% | 1.1% | 1 |
Countries ranked near Indonesia
More financial sector data for Indonesia
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.8 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.78 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.8 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 Indonesia?
- Life insurance premium volume to gdp in Indonesia was 1.1% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Indonesia?
- The highest recorded value was 1.2% in 2016.
- What is the lowest life insurance premium volume to gdp recorded in Indonesia?
- The lowest recorded value was 0.2% in 1990.
- How does Indonesia rank for life insurance premium volume to gdp?
- Indonesia ranks 57th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Indonesia?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- Where does this Indonesia 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.