Life insurance premium volume to GDP (%) in Laos
Laos: Life insurance premium volume to GDP (%) was 0.0% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Laos, 1995–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Laos is 0.0%, measured in 2019. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 236.9% over ten years.
Over the whole period, life insurance premium volume to gdp in Laos peaked at 0.0% in 2019 and was at its lowest, 0.0%, in 1995.
That places Laos 147th out of 162 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Laos, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1996 | 0.0% | +135.3% |
| 1997 | 0.0% | -35.6% |
| 1998 | 0.0% | +249.0% |
| 1999 | 0.0% | +114.9% |
| 2000 | 0.0% | -13.4% |
| 2001 | 0.0% | -32.6% |
| 2002 | 0.0% | +35.8% |
| 2003 | 0.0% | +5.0% |
| 2004 | 0.0% | -15.6% |
| 2005 | 0.0% | +37.7% |
| 2006 | 0.0% | +2.6% |
| 2007 | 0.0% | -14.4% |
| 2008 | 0.0% | -41.6% |
| 2009 | 0.0% | +196.4% |
| 2010 | 0.0% | +2.6% |
| 2011 | 0.0% | -0.1% |
| 2012 | 0.0% | -3.0% |
| 2013 | 0.0% | -20.3% |
| 2014 | 0.0% | -1.7% |
| 2015 | 0.0% | +24.0% |
| 2016 | 0.0% | +83.4% |
| 2017 | 0.0% | +36.5% |
| 2018 | 0.0% | +19.6% |
| 2019 | 0.0% | +16.5% |
Laos compared with similar countries
- Laos's 0.0% is below the median for lower middle income countries, which is 0.4%, 8% of the median. (37 countries reporting)
- Laos's 0.0% is below the median for East Asia & Pacific, which is 1.4%, 2% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Laos 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 |
|---|---|---|---|
| 1998 | +249.0% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 5 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
Countries ranked near Laos
More financial sector data for Laos
- 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.3 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.68 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 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.3 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 Laos?
- Life insurance premium volume to gdp in Laos was 0.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Laos?
- The highest recorded value was 0.0% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Laos?
- The lowest recorded value was 0.0% in 1995.
- How does Laos rank for life insurance premium volume to gdp?
- Laos ranks 147th out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Laos?
- Over the last ten years it is up 236.9%. The long-run trend across the full record is volatile.
- Where does this Laos 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 — 25 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.