Life insurance premium volume to GDP (%) in Kazakhstan
Kazakhstan: Life insurance premium volume to GDP (%) was 0.2% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Kazakhstan, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Kazakhstan is 0.2%, measured in 2020. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 189.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Kazakhstan peaked at 0.2% in 2020 and was at its lowest, 0.0%, in 2000.
That places Kazakhstan 113th out of 162 countries with data for 2020, putting it 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 Kazakhstan, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.0% | — |
| 1998 | 0.0% | -66.6% |
| 1999 | 0.0% | +4.3% |
| 2000 | 0.0% | -97.0% |
| 2001 | 0.0% | +5346.6% |
| 2002 | 0.0% | +41.7% |
| 2003 | 0.0% | +121.3% |
| 2004 | 0.0% | +20.8% |
| 2005 | 0.0% | +67.2% |
| 2006 | 0.0% | +92.1% |
| 2007 | 0.0% | +0.1% |
| 2008 | 0.0% | -0.8% |
| 2009 | 0.1% | +52.3% |
| 2010 | 0.1% | +55.8% |
| 2011 | 0.1% | +26.3% |
| 2012 | 0.2% | +56.7% |
| 2013 | 0.2% | -7.0% |
| 2014 | 0.1% | -24.6% |
| 2015 | 0.1% | +13.7% |
| 2016 | 0.1% | -11.9% |
| 2017 | 0.1% | +2.6% |
| 2018 | 0.1% | +18.5% |
| 2019 | 0.2% | +47.8% |
| 2020 | 0.2% | +16.2% |
Kazakhstan compared with similar countries
- Kazakhstan's 0.2% is below the median for upper middle income countries, which is 0.5%, 52% of the median. (46 countries reporting)
- Kazakhstan's 0.2% is below the median for Europe & Central Asia, which is 0.8%, 31% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Kazakhstan 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 |
|---|---|---|---|
| 2001 | +5346.6% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 3 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Kazakhstan
- 110 Burundi 0.3% compare
- 111 Azerbaijan 0.3% compare
- 112 North Macedonia 0.3% compare
- 114 Mozambique 0.2% compare
- 115 Uganda 0.2% compare
- 116 Gabon 0.2% compare
More financial sector data for Kazakhstan
- 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 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.02 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.51 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 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.02 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 Kazakhstan?
- Life insurance premium volume to gdp in Kazakhstan was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Kazakhstan?
- The highest recorded value was 0.2% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Kazakhstan?
- The lowest recorded value was 0.0% in 2000.
- How does Kazakhstan rank for life insurance premium volume to gdp?
- Kazakhstan ranks 113th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Kazakhstan?
- Over the last ten years it is up 189.9%. The long-run trend across the full record is volatile.
- Where does this Kazakhstan 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.
Download this data
CSV · JSON — 24 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.