Life insurance premium volume to GDP (%) in Mozambique
Mozambique: Life insurance premium volume to GDP (%) was 0.2% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Mozambique, 1994–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Mozambique stood at 0.2%.
The figure is up 6.3% on the previous year and up 41.0% over ten years.
Over the whole period, life insurance premium volume to gdp in Mozambique peaked at 0.7% in 2002 and was at its lowest, 0.0%, in 1994.
Mozambique ranks 114th of 162 countries on this measure, 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 Mozambique, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 0.0% | — |
| 1995 | 0.0% | +14.5% |
| 1996 | 0.0% | +10.8% |
| 1997 | 0.0% | -8.5% |
| 1998 | 0.0% | +42.6% |
| 1999 | 0.0% | -6.9% |
| 2000 | 0.0% | +88.9% |
| 2001 | 0.0% | -65.4% |
| 2002 | 0.7% | +7955.2% |
| 2003 | 0.2% | -76.1% |
| 2004 | 0.1% | -56.2% |
| 2005 | 0.1% | +13.0% |
| 2006 | 0.1% | -0.9% |
| 2007 | 0.1% | +1.7% |
| 2008 | 0.1% | +43.7% |
| 2009 | 0.1% | -15.8% |
| 2010 | 0.2% | +71.6% |
| 2011 | 0.2% | +4.2% |
| 2012 | 0.2% | -5.8% |
| 2013 | 0.2% | +11.4% |
| 2014 | 0.2% | +20.5% |
| 2015 | 0.3% | +19.5% |
| 2016 | 0.2% | -8.2% |
| 2017 | 0.2% | -25.7% |
| 2018 | 0.2% | +4.2% |
| 2019 | 0.2% | +18.5% |
| 2020 | 0.2% | +6.3% |
Mozambique compared with similar countries
- Mozambique's 0.2% is above the median for low income countries, which is 0.1%, 2.2× the median. (19 countries reporting)
- Mozambique's 0.2% is above the median for Sub-Saharan Africa, which is 0.2%, 1.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Mozambique 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 |
|---|---|---|---|
| 2002 | +7955.2% | 0.0% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 6 |
| 2000s | 0.1% | 0.0% | 0.7% | 10 |
| 2010s | 0.2% | 0.2% | 0.3% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Mozambique
- 111 Azerbaijan 0.3% compare
- 112 North Macedonia 0.3% compare
- 113 Kazakhstan 0.2% compare
- 115 Uganda 0.2% compare
- 116 Gabon 0.2% compare
- 117 Iceland 0.2% compare
More financial sector data for Mozambique
- 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 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.1 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 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8011 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 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.1 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 Mozambique?
- Life insurance premium volume to gdp in Mozambique was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Mozambique?
- The highest recorded value was 0.7% in 2002.
- What is the lowest life insurance premium volume to gdp recorded in Mozambique?
- The lowest recorded value was 0.0% in 1994.
- How does Mozambique rank for life insurance premium volume to gdp?
- Mozambique ranks 114th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Mozambique?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Mozambique 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.