Life insurance premium volume to GDP (%) in Peru
Peru: Life insurance premium volume to GDP (%) was 0.9% in 2020. ▲ Rising
Life insurance premium volume to GDP in Peru, 1993–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Peru recorded 0.9% for life insurance premium volume to gdp in 2020. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 23.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Peru peaked at 0.9% in 2020 and was at its lowest, 0.0%, in 1993.
That places Peru 70th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Life insurance premium volume to GDP (%) in Peru, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 0.0% | — |
| 1994 | 0.1% | +948.9% |
| 1995 | 0.1% | +1.6% |
| 1996 | 0.2% | +142.1% |
| 1997 | 0.2% | +29.3% |
| 1998 | 0.3% | +25.2% |
| 1999 | 0.3% | +20.0% |
| 2000 | 0.4% | +17.9% |
| 2001 | 0.4% | +4.4% |
| 2002 | 0.4% | +2.5% |
| 2003 | 0.6% | +46.3% |
| 2004 | 0.6% | -4.1% |
| 2005 | 0.6% | -1.3% |
| 2006 | 0.5% | -8.2% |
| 2007 | 0.5% | -11.3% |
| 2008 | 0.5% | +0.7% |
| 2009 | 0.5% | +10.2% |
| 2010 | 0.7% | +37.4% |
| 2011 | 0.7% | -4.3% |
| 2012 | 0.7% | -1.1% |
| 2013 | 0.7% | +5.5% |
| 2014 | 0.8% | +12.4% |
| 2015 | 0.9% | +8.2% |
| 2016 | 0.7% | -16.1% |
| 2017 | 0.7% | -1.6% |
| 2018 | 0.8% | +10.9% |
| 2019 | 0.8% | +7.1% |
| 2020 | 0.9% | +3.3% |
Peru compared with similar countries
- Peru's 0.9% is above the median for upper middle income countries, which is 0.5%, 1.8× the median. (46 countries reporting)
- Peru's 0.9% is below the median for Latin America & Caribbean, which is 1.0%, 88% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Peru 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 |
|---|---|---|---|
| 1994 | +948.9% | 0.0% | 0.1% |
| 1996 | +142.1% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.0% | 0.3% | 7 |
| 2000s | 0.5% | 0.4% | 0.6% | 10 |
| 2010s | 0.7% | 0.7% | 0.9% | 10 |
| 2020s | 0.9% | 0.9% | 0.9% | 1 |
Countries ranked near Peru
More financial sector data for Peru
- Reserve position in the IMF, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.46 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.8855 % 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 9.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.46 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.8855 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Peru?
- Life insurance premium volume to gdp in Peru was 0.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Peru?
- The highest recorded value was 0.9% in 2020.
- What is the lowest life insurance premium volume to gdp recorded in Peru?
- The lowest recorded value was 0.0% in 1993.
- How does Peru rank for life insurance premium volume to gdp?
- Peru ranks 70th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Peru?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Peru 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.