Life insurance premium volume to GDP in Macau, China
Macau, China: Life insurance premium volume to GDP was 13.5% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Macau, China, 1996–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Macau, China stood at 13.5%. That is the highest value across all 25 years on record.
The figure is up 129.6% on the previous year and up 1,019.7% over ten years.
Over the whole period, life insurance premium volume to gdp in Macau, China peaked at 13.5% in 2020 and was at its lowest, 0.6%, in 1996.
That places Macau, China 3rd out of 162 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP in Macau, China, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 0.6% | — |
| 1997 | 0.7% | +22.1% |
| 1998 | 1.0% | +35.5% |
| 1999 | 1.3% | +32.6% |
| 2000 | 1.4% | +8.9% |
| 2001 | 1.7% | +21.2% |
| 2002 | 1.8% | +5.9% |
| 2003 | 1.8% | +0.7% |
| 2004 | 1.7% | -6.5% |
| 2005 | 1.7% | +2.1% |
| 2006 | 1.5% | -14.3% |
| 2007 | 1.5% | +3.3% |
| 2008 | 1.5% | -0.7% |
| 2009 | 1.4% | -10.5% |
| 2010 | 1.2% | -11.3% |
| 2011 | 1.1% | -10.8% |
| 2012 | 1.1% | +1.0% |
| 2013 | 1.2% | +10.9% |
| 2014 | 1.6% | +30.1% |
| 2015 | 3.3% | +111.9% |
| 2016 | 5.1% | +52.3% |
| 2017 | 4.8% | -4.8% |
| 2018 | 4.2% | -12.9% |
| 2019 | 5.9% | +40.2% |
| 2020 | 13.5% | +129.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9% | 0.6% | 1.3% | 4 |
| 2000s | 1.6% | 1.4% | 1.8% | 10 |
| 2010s | 2.9% | 1.1% | 5.9% | 10 |
| 2020s | 13.5% | 13.5% | 13.5% | 1 |
Countries ranked near Macau, China
- 1 Hong Kong, China 19.4% compare
- 2 Taiwan, China 13.6% compare
- 4 South Africa 10.8% compare
- 5 United Kingdom of Great Britain and Northern Ireland 10.5% compare
- 6 Denmark 8.3% compare
More financial sector data for Macau, China
- Net domestic credit (current LCU), per capita 249,875 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 3.29 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate -28.29 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 22.37 billion SDR (2025)
- Reserves excluding gold 22.37 billion SDR (2025)
- Total reserves (gold at market value) 22.37 billion SDR (2025)
- Total reserves (gold at national valuation) 22.37 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 32,616 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Macau, China?
- Life insurance premium volume to gdp in Macau, China was 13.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Macau, China?
- The highest recorded value was 13.5% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Macau, China?
- The lowest recorded value was 0.6% in 1996.
- How does Macau, China rank for life insurance premium volume to gdp?
- Macau, China ranks 3rd out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Macau, China?
- Over the last ten years it is up 1,019.7%. The long-run trend across the full record is volatile.
- Where does this Macau, China 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.