Life insurance premium volume to GDP in New Zealand
New Zealand: Life insurance premium volume to GDP was 0.8% in 2019. ◆ Volatile
Life insurance premium volume to GDP in New Zealand, 1995–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
New Zealand recorded 0.8% for life insurance premium volume to gdp in 2019.
That represents a change of down 1.0% on the previous year and up 1.9% over ten years.
Over the whole period, life insurance premium volume to gdp in New Zealand peaked at 2.6% in 1999 and was at its lowest, 0.7%, in 2004.
That places New Zealand 72nd out of 162 countries with data for 2019, 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 New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 2.1% | — |
| 1996 | 2.1% | -0.1% |
| 1997 | 2.3% | +7.5% |
| 1998 | 2.6% | +13.4% |
| 1999 | 2.6% | +1.6% |
| 2000 | 2.3% | -12.2% |
| 2001 | 2.1% | -11.6% |
| 2002 | 1.8% | -12.5% |
| 2003 | 0.8% | -58.2% |
| 2004 | 0.7% | -3.1% |
| 2005 | 0.7% | +1.6% |
| 2006 | 0.8% | +3.2% |
| 2007 | 0.8% | -0.4% |
| 2008 | 0.8% | +5.3% |
| 2009 | 0.8% | +3.1% |
| 2010 | 0.8% | +2.6% |
| 2011 | 0.9% | +2.8% |
| 2012 | 0.9% | +1.8% |
| 2013 | 0.9% | +1.1% |
| 2014 | 0.9% | -0.6% |
| 2015 | 0.9% | +1.0% |
| 2016 | 0.9% | -2.1% |
| 2017 | 0.9% | -2.9% |
| 2018 | 0.8% | -0.6% |
| 2019 | 0.8% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 2.1% | 2.6% | 5 |
| 2000s | 1.2% | 0.7% | 2.3% | 10 |
| 2010s | 0.9% | 0.8% | 0.9% | 10 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in New Zealand?
- Life insurance premium volume to gdp in New Zealand was 0.8% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in New Zealand?
- The highest recorded value was 2.6% in 1999.
- What is the lowest life insurance premium volume to gdp recorded in New Zealand?
- The lowest recorded value was 0.7% in 2004.
- How does New Zealand rank for life insurance premium volume to gdp?
- New Zealand ranks 72nd out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in New Zealand?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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.