Life insurance premium volume to GDP in Slovakia
Slovakia: Life insurance premium volume to GDP was 0.9% in 2020. ▲ Rising
Life insurance premium volume to GDP in Slovakia, 1993–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Slovakia stood at 0.9%.
Compared with earlier readings it is down 11.7% on the previous year and down 40.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Slovakia peaked at 1.6% in 2008 and was at its lowest, 0.4%, in 1995.
Slovakia ranks 66th of 162 countries on this measure, 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 Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 0.5% | — |
| 1994 | 0.4% | -13.3% |
| 1995 | 0.4% | -14.1% |
| 1996 | 0.5% | +50.3% |
| 1997 | 0.6% | +19.8% |
| 1998 | 0.8% | +25.8% |
| 1999 | 1.0% | +22.5% |
| 2000 | 1.2% | +20.5% |
| 2001 | 1.3% | +12.6% |
| 2002 | 1.4% | +3.8% |
| 2003 | 1.4% | -2.3% |
| 2004 | 1.4% | +2.6% |
| 2005 | 1.5% | +3.9% |
| 2006 | 1.5% | +3.9% |
| 2007 | 1.5% | +0.9% |
| 2008 | 1.6% | +6.0% |
| 2009 | 1.6% | -0.4% |
| 2010 | 1.6% | -1.3% |
| 2011 | 1.5% | -3.1% |
| 2012 | 1.5% | -1.5% |
| 2013 | 1.6% | +4.0% |
| 2014 | 1.5% | -2.8% |
| 2015 | 1.3% | -13.6% |
| 2016 | 1.2% | -10.6% |
| 2017 | 1.3% | +7.2% |
| 2018 | 1.1% | -9.9% |
| 2019 | 1.1% | -6.1% |
| 2020 | 0.9% | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.4% | 1.0% | 7 |
| 2000s | 1.4% | 1.2% | 1.6% | 10 |
| 2010s | 1.4% | 1.1% | 1.6% | 10 |
| 2020s | 0.9% | 0.9% | 0.9% | 1 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Slovakia?
- Life insurance premium volume to gdp in Slovakia was 0.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Slovakia?
- The highest recorded value was 1.6% in 2008.
- What is the lowest life insurance premium volume to gdp recorded in Slovakia?
- The lowest recorded value was 0.4% in 1995.
- How does Slovakia rank for life insurance premium volume to gdp?
- Slovakia ranks 66th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Slovakia?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is rising.
- Where does this Slovakia 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.