Life insurance premium volume to GDP in Papua New Guinea
Papua New Guinea: Life insurance premium volume to GDP was 0.1% in 2016. ▼ Falling
Life insurance premium volume to GDP in Papua New Guinea, 2000–2016
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Papua New Guinea is 0.1%, measured in 2016.
The figure is up 0.5% on the previous year and down 10.6% over ten years.
Over the whole period, life insurance premium volume to gdp in Papua New Guinea peaked at 0.2% in 2001 and was at its lowest, 0.0%, in 2012.
That places Papua New Guinea 139th out of 162 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Life insurance premium volume to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 0.2% | +129.8% |
| 2002 | 0.1% | -39.7% |
| 2003 | 0.1% | -3.9% |
| 2004 | 0.1% | +12.1% |
| 2005 | 0.1% | -23.6% |
| 2006 | 0.1% | -6.4% |
| 2007 | 0.1% | -18.9% |
| 2008 | 0.1% | -5.7% |
| 2009 | 0.1% | -11.0% |
| 2010 | 0.1% | -9.6% |
| 2011 | 0.0% | -18.4% |
| 2012 | 0.0% | -0.3% |
| 2013 | 0.0% | +8.8% |
| 2014 | 0.0% | +9.4% |
| 2015 | 0.1% | +49.0% |
| 2016 | 0.1% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.1% | 0.2% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 7 |
Countries ranked near Papua New Guinea
More financial sector data for Papua New Guinea
- 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 0.0743 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 0.0543 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 0.0743 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 Papua New Guinea?
- Life insurance premium volume to gdp in Papua New Guinea was 0.1% in 2016, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Papua New Guinea?
- The highest recorded value was 0.2% in 2001.
- What is the lowest life insurance premium volume to gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0% in 2012.
- How does Papua New Guinea rank for life insurance premium volume to gdp?
- Papua New Guinea ranks 139th out of 162 countries with data for 2016.
- Is life insurance premium volume to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 10.6%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea 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 — 17 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.