Life insurance premium volume to GDP (%) in Morocco
Morocco: Life insurance premium volume to GDP (%) was 1.9% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Morocco, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Morocco recorded 1.9% for life insurance premium volume to gdp in 2020. That is the highest value across all 31 years on record.
The figure is up 6.0% on the previous year and up 126.6% over ten years.
Over the whole period, life insurance premium volume to gdp in Morocco peaked at 1.9% in 2020 and was at its lowest, 0.3%, in 1990.
Morocco ranks 37th of 162 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Morocco, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.3% | — |
| 1991 | 0.3% | +10.5% |
| 1992 | 0.4% | +11.2% |
| 1993 | 0.4% | +17.5% |
| 1994 | 0.4% | -6.2% |
| 1995 | 0.4% | +6.4% |
| 1996 | 0.4% | -3.9% |
| 1997 | 0.5% | +18.5% |
| 1998 | 0.6% | +14.0% |
| 1999 | 0.6% | +13.1% |
| 2000 | 0.7% | +11.5% |
| 2001 | 0.7% | -3.8% |
| 2002 | 0.9% | +23.3% |
| 2003 | 0.7% | -19.2% |
| 2004 | 0.5% | -21.5% |
| 2005 | 0.6% | +8.4% |
| 2006 | 0.7% | +15.8% |
| 2007 | 0.9% | +32.6% |
| 2008 | 0.9% | +1.0% |
| 2009 | 0.9% | -3.0% |
| 2010 | 0.8% | -5.4% |
| 2011 | 0.9% | +11.1% |
| 2012 | 1.0% | +11.0% |
| 2013 | 1.0% | -7.6% |
| 2014 | 1.0% | +6.2% |
| 2015 | 1.0% | +3.2% |
| 2016 | 1.4% | +34.5% |
| 2017 | 1.6% | +13.2% |
| 2018 | 1.6% | +2.9% |
| 2019 | 1.8% | +9.2% |
| 2020 | 1.9% | +6.0% |
Morocco compared with similar countries
- Morocco's 1.9% is above the median for lower middle income countries, which is 0.4%, 5.0× the median. (37 countries reporting)
- Morocco's 1.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%, 5.3× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.3% | 0.6% | 10 |
| 2000s | 0.7% | 0.5% | 0.9% | 10 |
| 2010s | 1.2% | 0.8% | 1.8% | 10 |
| 2020s | 1.9% | 1.9% | 1.9% | 1 |
Countries ranked near Morocco
More financial sector data for Morocco
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.35 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.91 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.35 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 Morocco?
- Life insurance premium volume to gdp in Morocco was 1.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Morocco?
- The highest recorded value was 1.9% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Morocco?
- The lowest recorded value was 0.3% in 1990.
- How does Morocco rank for life insurance premium volume to gdp?
- Morocco ranks 37th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Morocco?
- Over the last ten years it is up 126.6%. The long-run trend across the full record is volatile.
- Where does this Morocco 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.