Life insurance premium volume to GDP (%) in Israel
Israel: Life insurance premium volume to GDP (%) was 2.2% in 2020. ▼ Falling
Life insurance premium volume to GDP in Israel, 1990–2020
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
| 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% |
Israel compared with similar countries
- Israel's 2.2% is above the median for high income countries, which is 1.6%, 1.4× the median. (59 countries reporting)
- Israel's 2.2% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%, 6.1× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Israel 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 |
|---|---|---|---|
| 1993 | +31.6% | 1.8% | 2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Israel
- Reserve position in the IMF, US dollar, annual growth rate 5.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.1794 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.93 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.1794 % change on previous year (2025)
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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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.