Life insurance premium volume to GDP (%) in Pakistan
Pakistan: Life insurance premium volume to GDP (%) was 0.6% in 2020. ▲ Rising
Life insurance premium volume to GDP in Pakistan, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Pakistan stood at 0.6%.
That represents a change of up 0.3% on the previous year and up 63.4% over ten years.
Over the whole period, life insurance premium volume to gdp in Pakistan peaked at 0.6% in 2017 and was at its lowest, 0.2%, in 2001.
Pakistan ranks 81st of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Life insurance premium volume to GDP (%) in Pakistan, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.3% | — |
| 1996 | 0.3% | +0.7% |
| 1997 | 0.2% | -19.2% |
| 1998 | 0.2% | -13.1% |
| 1999 | 0.2% | -3.2% |
| 2000 | 0.2% | -5.4% |
| 2001 | 0.2% | -2.2% |
| 2002 | 0.2% | +20.6% |
| 2003 | 0.2% | +15.6% |
| 2004 | 0.2% | -3.2% |
| 2005 | 0.3% | +10.4% |
| 2006 | 0.3% | +2.4% |
| 2007 | 0.3% | +10.5% |
| 2008 | 0.3% | +7.8% |
| 2009 | 0.3% | -3.9% |
| 2010 | 0.4% | +13.5% |
| 2011 | 0.4% | +4.9% |
| 2012 | 0.4% | +17.9% |
| 2013 | 0.5% | +9.4% |
| 2014 | 0.5% | +3.9% |
| 2015 | 0.5% | +9.6% |
| 2016 | 0.6% | +4.6% |
| 2017 | 0.6% | +8.1% |
| 2018 | 0.6% | -0.5% |
| 2019 | 0.6% | -6.1% |
| 2020 | 0.6% | +0.3% |
Pakistan compared with similar countries
- Pakistan's 0.6% is above the median for lower middle income countries, which is 0.4%, 1.5× the median. (37 countries reporting)
- Pakistan's 0.6% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%, 1.6× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.3% | 5 |
| 2000s | 0.3% | 0.2% | 0.3% | 10 |
| 2010s | 0.5% | 0.4% | 0.6% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Pakistan
More financial sector data for Pakistan
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0006 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0005 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0006 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 Pakistan?
- Life insurance premium volume to gdp in Pakistan was 0.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Pakistan?
- The highest recorded value was 0.6% in 2017.
- What is the lowest life insurance premium volume to gdp recorded in Pakistan?
- The lowest recorded value was 0.2% in 2001.
- How does Pakistan rank for life insurance premium volume to gdp?
- Pakistan ranks 81st out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Pakistan?
- Over the last ten years it is up 63.4%. The long-run trend across the full record is rising.
- Where does this Pakistan 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.