Life insurance premium volume to GDP in Israel

Israel: Life insurance premium volume to GDP was 2.2% in 2020. ▼ Falling

Latest (2020)
2.2%
Change on year
down 4.0%
World rank
33rd
of 162 countries
All-time high
2.7%
in 1997
All-time low
1.8%
in 1992
Years of data
31
1990–2020

Life insurance premium volume to GDP in Israel, 1990–2020

01231990200520201990: 2.2 %1991: 1.9 %1992: 1.8 %1993: 2.4 %1994: 2.3 %1995: 2.3 %1996: 2.3 %1997: 2.7 %1998: 2.6 %1999: 2.5 %2000: 2.4 %2001: 2.4 %2002: 2.2 %2003: 2.2 %2004: 2.1 %2005: 2.2 %2006: 2 %2007: 2 %2008: 2.1 %2009: 2 %2010: 2 %2011: 2.1 %2012: 2.1 %2013: 2.1 %2014: 1.9 %2015: 2.1 %2016: 2 %2017: 2.2 %2018: 2.2 %2019: 2.3 %2020: 2.2 %

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

Analysis

In 2020, life insurance premium volume to gdp in Israel stood at 2.2%.

The figure is down 4.0% on the previous year and up 10.6% over ten years.

Over the whole period, life insurance premium volume to gdp in Israel peaked at 2.7% in 1997 and was at its lowest, 1.8%, in 1992.

Israel ranks 33rd of 162 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Life insurance premium volume to GDP in Israel, year by year

Annual values for Life insurance premium volume to GDP (%) in Israel, 1990 to 2020.
Year % Change
1990 2.2%
1991 1.9% -16.9%
1992 1.8% -3.0%
1993 2.4% +31.6%
1994 2.3% -4.4%
1995 2.3% -0.1%
1996 2.3% +1.2%
1997 2.7% +17.4%
1998 2.6% -4.5%
1999 2.5% -3.2%
2000 2.4% -2.5%
2001 2.4% +0.0%
2002 2.2% -8.5%
2003 2.2% -1.5%
2004 2.1% -2.2%
2005 2.2% +1.8%
2006 2.0% -6.7%
2007 2.0% -0.3%
2008 2.1% +4.7%
2009 2.0% -4.1%
2010 2.0% -1.9%
2011 2.1% +6.2%
2012 2.1% -0.4%
2013 2.1% -2.3%
2014 1.9% -6.1%
2015 2.1% +6.3%
2016 2.0% -0.4%
2017 2.2% +6.5%
2018 2.2% +1.5%
2019 2.3% +3.7%
2020 2.2% -4.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.3% 1.8% 2.7% 10
2000s 2.2% 2.0% 2.4% 10
2010s 2.1% 1.9% 2.3% 10
2020s 2.2% 2.2% 2.2% 1

Countries ranked near Israel

  1. 30 Jamaica 2.4% compare
  2. 31 China 2.4% compare
  3. 32 Portugal 2.2% compare
  4. 34 Saint Lucia 1.9% compare
  5. 35 Cyprus 1.9% compare
  6. 36 Chile 1.9% compare

See the full ranking of 162 places →

More financial sector data for Israel

All data for Israel →

Frequently asked questions

What is life insurance premium volume to gdp in Israel?
Life insurance premium volume to gdp in Israel was 2.2% in 2020, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Israel?
The highest recorded value was 2.7% in 1997.
What is the lowest life insurance premium volume to gdp recorded in Israel?
The lowest recorded value was 1.8% in 1992.
How does Israel rank for life insurance premium volume to gdp?
Israel ranks 33rd out of 162 countries with data for 2020.
Is life insurance premium volume to gdp rising or falling in Israel?
Over the last ten years it is up 10.6%. The long-run trend across the full record is falling.
Where does this Israel 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 Israel. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 03 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/israel/

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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.