Life insurance premium volume to GDP (%) in Nepal
Nepal: Life insurance premium volume to GDP (%) was 1.7% in 2018. ◆ Volatile
Life insurance premium volume to GDP in Nepal, 1991–2018
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
| 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% |
Nepal compared with similar countries
- Nepal's 1.7% is above the median for lower middle income countries, which is 0.4%, 4.5× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Nepal 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 | +88.5% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Nepal
- 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.7398 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.5402 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 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.7398 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 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.
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CSV · JSON — 28 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.