Life insurance premium volume to GDP in Nepal

Nepal: Life insurance premium volume to GDP was 1.7% in 2018. ◆ Volatile

Latest (2018)
1.7%
Change on year
up 25.5%
World rank
43rd
of 162 countries
All-time high
1.7%
in 2018
All-time low
0.1%
in 1992
Years of data
28
1991–2018

Life insurance premium volume to GDP in Nepal, 1991–2018

00.511.51991200420181991: 0.094 %1992: 0.089 %1993: 0.092 %1994: 0.103 %1995: 0.11 %1996: 0.135 %1997: 0.157 %1998: 0.167 %1999: 0.122 %2000: 0.121 %2001: 0.148 %2002: 0.279 %2003: 0.333 %2004: 0.401 %2005: 0.507 %2006: 0.579 %2007: 0.635 %2008: 0.488 %2009: 0.58 %2010: 0.657 %2011: 0.67 %2012: 0.777 %2013: 0.814 %2014: 0.907 %2015: 1.1 %2016: 1.3 %2017: 1.3 %2018: 1.7 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

In 2018, life insurance premium volume to gdp in Nepal stood at 1.7%. That is the highest value across all 28 years on record.

The figure is up 25.5% on the previous year and up 244.9% over ten years.

Over the whole period, life insurance premium volume to gdp in Nepal peaked at 1.7% in 2018 and was at its lowest, 0.1%, in 1992.

That places Nepal 43rd out of 162 countries with data for 2018, putting it 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 Nepal, year by year

Annual values for Life insurance premium volume to GDP (%) in Nepal, 1991 to 2018.
Year % Change
1991 0.1%
1992 0.1% -5.4%
1993 0.1% +3.2%
1994 0.1% +11.9%
1995 0.1% +7.3%
1996 0.1% +21.9%
1997 0.2% +16.2%
1998 0.2% +6.7%
1999 0.1% -26.7%
2000 0.1% -1.0%
2001 0.1% +22.2%
2002 0.3% +88.5%
2003 0.3% +19.2%
2004 0.4% +20.4%
2005 0.5% +26.5%
2006 0.6% +14.2%
2007 0.6% +9.6%
2008 0.5% -23.2%
2009 0.6% +18.8%
2010 0.7% +13.3%
2011 0.7% +2.0%
2012 0.8% +16.0%
2013 0.8% +4.7%
2014 0.9% +11.5%
2015 1.1% +19.6%
2016 1.3% +20.6%
2017 1.3% +2.5%
2018 1.7% +25.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1% 0.1% 0.2% 9
2000s 0.4% 0.1% 0.6% 10
2010s 1.0% 0.7% 1.7% 9

Countries ranked near Nepal

  1. 40 Mauritius 1.8% compare
  2. 41 Spain 1.8% compare
  3. 42 Viet Nam 1.8% compare
  4. 44 Finland 1.7% compare
  5. 45 Bahamas 1.7% compare
  6. 46 Slovenia 1.6% compare

See the full ranking of 162 places →

More financial sector data for Nepal

All data for Nepal →

Frequently asked questions

What is life insurance premium volume to gdp in Nepal?
Life insurance premium volume to gdp in Nepal was 1.7% in 2018, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Nepal?
The highest recorded value was 1.7% in 2018.
What is the lowest life insurance premium volume to gdp recorded in Nepal?
The lowest recorded value was 0.1% in 1992.
How does Nepal rank for life insurance premium volume to gdp?
Nepal ranks 43rd out of 162 countries with data for 2018.
Is life insurance premium volume to gdp rising or falling in Nepal?
Over the last ten years it is up 244.9%. The long-run trend across the full record is volatile.
Where does this Nepal 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 — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Life insurance premium volume to GDP in Nepal. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/nepal/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/nepal/">Life insurance premium volume to GDP in Nepal</a> — Statizoid

About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.