Life insurance premium volume to GDP (%) in Iran

Iran: Life insurance premium volume to GDP (%) was 0.5% in 2018. ◆ Volatile

Latest (2018)
0.5%
Change on year
up 13.9%
World rank
93rd
of 162 countries
All-time high
0.5%
in 2018
All-time low
0.0%
in 1993
Years of data
27
1992–2018

Life insurance premium volume to GDP in Iran, 1992–2018

00.10.20.30.40.51992200520181992: 0.028 %1993: 0.023 %1994: 0.027 %1995: 0.03 %1996: 0.027 %1997: 0.044 %1998: 0.062 %1999: 0.063 %2000: 0.094 %2001: 0.075 %2002: 0.086 %2003: 0.082 %2004: 0.065 %2005: 0.069 %2006: 0.065 %2007: 0.058 %2008: 0.054 %2009: 0.079 %2010: 0.094 %2011: 0.108 %2012: 0.141 %2013: 0.15 %2014: 0.275 %2015: 0.326 %2016: 0.376 %2017: 0.405 %2018: 0.461 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

The most recent figure for life insurance premium volume to gdp in Iran is 0.5%, measured in 2018. That is the highest value across all 27 years on record.

That represents a change of up 13.9% on the previous year and up 748.6% over ten years.

Over the whole period, life insurance premium volume to gdp in Iran peaked at 0.5% in 2018 and was at its lowest, 0.0%, in 1993.

Iran ranks 93rd of 162 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Life insurance premium volume to GDP (%) in Iran, year by year

Annual values for Life insurance premium volume to GDP (%) in Iran, 1992 to 2018.
Year % Change
1992 0.0% —
1993 0.0% -17.8%
1994 0.0% +19.8%
1995 0.0% +10.9%
1996 0.0% -11.2%
1997 0.0% +64.5%
1998 0.1% +39.8%
1999 0.1% +1.8%
2000 0.1% +48.1%
2001 0.1% -19.9%
2002 0.1% +14.8%
2003 0.1% -4.9%
2004 0.1% -20.3%
2005 0.1% +5.7%
2006 0.1% -5.0%
2007 0.1% -11.5%
2008 0.1% -6.3%
2009 0.1% +44.9%
2010 0.1% +19.3%
2011 0.1% +14.9%
2012 0.1% +30.3%
2013 0.2% +6.7%
2014 0.3% +83.4%
2015 0.3% +18.5%
2016 0.4% +15.3%
2017 0.4% +7.5%
2018 0.5% +13.9%

Iran compared with similar countries

  • Iran's 0.5% is below the median for upper middle income countries, which is 0.5%, 96% of the median. (46 countries reporting)
  • Iran's 0.5% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%, 1.3× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.1% 8
2000s 0.1% 0.1% 0.1% 10
2010s 0.3% 0.1% 0.5% 9

Countries ranked near Iran

  1. 90 Ecuador 0.5% compare
  2. 91 Serbia 0.5% compare
  3. 92 Latvia 0.5% compare
  4. 94 Bosnia and Herzegovina 0.4% compare
  5. 95 Brazil 0.4% compare
  6. 96 Russia 0.4% compare

See the full ranking of 162 places →

More financial sector data for Iran

All data for Iran →

Frequently asked questions

What is life insurance premium volume to gdp in Iran?
Life insurance premium volume to gdp in Iran was 0.5% in 2018, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Iran?
The highest recorded value was 0.5% in 2018.
What is the lowest life insurance premium volume to gdp recorded in Iran?
The lowest recorded value was 0.0% in 1993.
How does Iran rank for life insurance premium volume to gdp?
Iran ranks 93rd out of 162 countries with data for 2018.
Is life insurance premium volume to gdp rising or falling in Iran?
Over the last ten years it is up 748.6%. The long-run trend across the full record is volatile.
Where does this Iran 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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Life insurance premium volume to GDP in Iran. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/iran-islamic-rep/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.