Life insurance premium volume to GDP (%) in Myanmar
Myanmar: Life insurance premium volume to GDP (%) was 0.0% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Myanmar, 1998–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Myanmar stood at 0.0%.
Compared with earlier readings it is down 12.8% on the previous year and up 1,214.7% over ten years.
Over the whole period, life insurance premium volume to gdp in Myanmar peaked at 0.1% in 2019 and was at its lowest, 0.0%, in 2002.
Myanmar ranks 145th of 162 countries on this measure, 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 Myanmar, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 0.0% | — |
| 1999 | 0.0% | -43.6% |
| 2000 | 0.0% | -24.5% |
| 2001 | 0.0% | +24.8% |
| 2002 | 0.0% | -96.2% |
| 2003 | 0.0% | +3106.6% |
| 2004 | 0.0% | +3.5% |
| 2005 | 0.0% | +1.0% |
| 2006 | 0.0% | -8.7% |
| 2007 | 0.0% | -16.9% |
| 2008 | 0.0% | -11.5% |
| 2009 | 0.0% | -6.0% |
| 2010 | 0.0% | +1.2% |
| 2011 | 0.0% | +1.6% |
| 2012 | 0.0% | -0.4% |
| 2014 | 0.0% | -32.5% |
| 2015 | 0.0% | +155.9% |
| 2016 | 0.0% | +112.5% |
| 2017 | 0.0% | +52.1% |
| 2018 | 0.0% | +44.5% |
| 2019 | 0.1% | +84.7% |
| 2020 | 0.0% | -12.8% |
Myanmar compared with similar countries
- Myanmar's 0.0% is below the median for lower middle income countries, which is 0.4%, 12% of the median. (37 countries reporting)
- Myanmar's 0.0% is below the median for East Asia & Pacific, which is 1.4%, 3% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Myanmar 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 |
|---|---|---|---|
| 2003 | +3106.6% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 2 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 9 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1985)
Frequently asked questions
- What is life insurance premium volume to gdp in Myanmar?
- Life insurance premium volume to gdp in Myanmar was 0.0% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Myanmar?
- The highest recorded value was 0.1% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Myanmar?
- The lowest recorded value was 0.0% in 2002.
- How does Myanmar rank for life insurance premium volume to gdp?
- Myanmar ranks 145th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Myanmar?
- Over the last ten years it is up 1,214.7%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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 — 22 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.