Life insurance premium volume to GDP in Lebanon
Lebanon: Life insurance premium volume to GDP was 0.9% in 2018. ▲ Rising
Life insurance premium volume to GDP in Lebanon, 1992–2018
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Lebanon recorded 0.9% for life insurance premium volume to gdp in 2018.
Compared with earlier readings it is up 2.6% on the previous year and down 17.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Lebanon peaked at 1.1% in 2008 and was at its lowest, 0.4%, in 1997.
Lebanon ranks 69th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Life insurance premium volume to GDP in Lebanon, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.4% | — |
| 1996 | 0.5% | +6.0% |
| 1997 | 0.4% | -7.1% |
| 1999 | 0.5% | +21.3% |
| 2000 | 0.5% | -1.6% |
| 2001 | 0.6% | +9.6% |
| 2002 | 0.7% | +16.4% |
| 2003 | 0.7% | +6.9% |
| 2004 | 0.8% | +14.4% |
| 2005 | 0.8% | +6.3% |
| 2006 | 0.8% | -6.3% |
| 2007 | 1.1% | +35.4% |
| 2008 | 1.1% | +0.6% |
| 2009 | 0.8% | -24.1% |
| 2010 | 0.9% | +3.6% |
| 2011 | 0.9% | +3.9% |
| 2012 | 0.8% | -6.6% |
| 2013 | 0.8% | +1.8% |
| 2014 | 0.8% | -1.0% |
| 2015 | 0.9% | +5.2% |
| 2016 | 0.9% | +2.2% |
| 2017 | 0.9% | -2.4% |
| 2018 | 0.9% | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.5% | 4 |
| 2000s | 0.8% | 0.5% | 1.1% | 10 |
| 2010s | 0.9% | 0.8% | 0.9% | 9 |
Countries ranked near Lebanon
More financial sector data for Lebanon
- Net domestic credit (current LCU), per capita 26.00 million current LCU per person (2017)
- Net domestic credit (current LCU), per unit of GDP 3,021 current LCU per US$ of GDP (2017)
- Net domestic credit (current LCU), annual growth rate 2.22 % change on previous year (2017)
- Gold reserves at 35 SDRs per ounce 322.77 million SDR (2024)
- Gold reserves at market value 18.45 billion SDR (2024)
- Reserves excluding gold, foreign exchange 6.95 billion SDR (2024)
- Reserves excluding gold 7.09 billion SDR (2024)
- Total reserves (gold at market value) 25.54 billion SDR (2024)
- Total reserves (gold at national valuation) 25.57 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,404 SDR per person (2024)
Frequently asked questions
- What is life insurance premium volume to gdp in Lebanon?
- Life insurance premium volume to gdp in Lebanon was 0.9% in 2018, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Lebanon?
- The highest recorded value was 1.1% in 2008.
- What is the lowest life insurance premium volume to gdp recorded in Lebanon?
- The lowest recorded value was 0.4% in 1997.
- How does Lebanon rank for life insurance premium volume to gdp?
- Lebanon ranks 69th out of 162 countries with data for 2018.
- Is life insurance premium volume to gdp rising or falling in Lebanon?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is rising.
- Where does this Lebanon 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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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.