Life insurance premium volume to GDP (%) in Paraguay
Paraguay: Life insurance premium volume to GDP (%) was 0.2% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Paraguay, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Paraguay stood at 0.2%.
That represents a change of up 16.0% on the previous year and up 160.2% over ten years.
Over the whole period, life insurance premium volume to gdp in Paraguay peaked at 0.4% in 1991 and was at its lowest, 0.0%, in 1990.
Paraguay ranks 123rd of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | 0.4% | +1939.1% |
| 1992 | 0.0% | -92.7% |
| 1993 | 0.0% | +42.8% |
| 1994 | 0.0% | +19.3% |
| 1995 | 0.1% | +14.1% |
| 1996 | 0.1% | -6.3% |
| 1997 | 0.1% | +17.0% |
| 1998 | 0.1% | -2.7% |
| 1999 | 0.1% | +15.7% |
| 2000 | 0.1% | -13.1% |
| 2001 | 0.1% | +1.3% |
| 2002 | 0.1% | +1.7% |
| 2003 | 0.1% | -17.7% |
| 2004 | 0.0% | -4.0% |
| 2005 | 0.0% | -2.1% |
| 2006 | 0.1% | +19.0% |
| 2007 | 0.0% | -21.7% |
| 2008 | 0.1% | +17.7% |
| 2009 | 0.1% | +15.7% |
| 2010 | 0.1% | +9.8% |
| 2011 | 0.1% | +31.0% |
| 2012 | 0.1% | +20.0% |
| 2013 | 0.1% | +10.1% |
| 2014 | 0.1% | +3.5% |
| 2015 | 0.1% | +17.9% |
| 2016 | 0.1% | +3.2% |
| 2017 | 0.1% | -0.2% |
| 2018 | 0.2% | +7.4% |
| 2019 | 0.1% | -4.1% |
| 2020 | 0.2% | +16.0% |
Paraguay compared with similar countries
- Paraguay's 0.2% is below the median for upper middle income countries, which is 0.5%, 36% of the median. (46 countries reporting)
- Paraguay's 0.2% is below the median for Latin America & Caribbean, which is 1.0%, 17% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Paraguay 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 |
|---|---|---|---|
| 1991 | +1939.1% | 0.0% | 0.4% |
| 1992 | -92.7% | 0.4% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.4% | 10 |
| 2000s | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- 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 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.15 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.68 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 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.15 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 Paraguay?
- Life insurance premium volume to gdp in Paraguay was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Paraguay?
- The highest recorded value was 0.4% in 1991.
- What is the lowest life insurance premium volume to gdp recorded in Paraguay?
- The lowest recorded value was 0.0% in 1990.
- How does Paraguay rank for life insurance premium volume to gdp?
- Paraguay ranks 123rd out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Paraguay?
- Over the last ten years it is up 160.2%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.