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% |
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
- 142 Congo 0.1% compare
- 143 Djibouti 0.1% compare
- 144 Saudi Arabia 0.0% compare
- 146 Republic of Moldova 0.0% compare
- 147 Lao People's Democratic Republic 0.0% compare
- 148 Yemen 0.0% compare
More financial sector data for Myanmar
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net foreign assets (current LCU), annual growth rate 18.2 % change on previous year (2020)
- Net foreign assets (current LCU), per unit of GDP 161.32 current LCU per US$ of GDP (2020)
- Net foreign assets (current LCU), per capita 240,399 current LCU per person (2020)
- Net migration, annual growth rate -4.43 % change on previous year (2025)
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.
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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.