Life insurance premium volume to GDP in Thailand
Thailand: Life insurance premium volume to GDP was 3.2% in 2020. ▲ Rising
Life insurance premium volume to GDP in Thailand, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Thailand is 3.2%, measured in 2020.
That represents a change of up 4.5% on the previous year and up 17.6% over ten years.
Over the whole period, life insurance premium volume to gdp in Thailand peaked at 3.8% in 2015 and was at its lowest, 0.9%, in 1990.
Thailand ranks 21st of 162 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.9% | — |
| 1991 | 0.9% | +5.4% |
| 1992 | 1.0% | +7.3% |
| 1993 | 1.1% | +6.7% |
| 1994 | 1.1% | +4.6% |
| 1995 | 1.1% | +3.3% |
| 1996 | 1.2% | +5.0% |
| 1997 | 1.2% | +3.9% |
| 1998 | 1.2% | -4.0% |
| 1999 | 1.3% | +9.0% |
| 2000 | 1.5% | +14.3% |
| 2001 | 1.8% | +18.3% |
| 2002 | 2.0% | +13.4% |
| 2003 | 2.1% | +5.4% |
| 2004 | 2.1% | +1.3% |
| 2005 | 2.2% | +0.6% |
| 2006 | 2.0% | -5.9% |
| 2007 | 2.2% | +7.7% |
| 2008 | 2.3% | +3.5% |
| 2009 | 2.6% | +16.6% |
| 2010 | 2.7% | +2.5% |
| 2011 | 2.9% | +6.3% |
| 2012 | 3.1% | +8.8% |
| 2013 | 3.4% | +8.3% |
| 2014 | 3.7% | +10.4% |
| 2015 | 3.8% | +3.0% |
| 2016 | 3.3% | -12.9% |
| 2017 | 3.3% | +0.1% |
| 2018 | 3.3% | -1.9% |
| 2019 | 3.0% | -7.6% |
| 2020 | 3.2% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 0.9% | 1.3% | 10 |
| 2000s | 2.1% | 1.5% | 2.6% | 10 |
| 2010s | 3.3% | 2.7% | 3.8% | 10 |
| 2020s | 3.2% | 3.2% | 3.2% | 1 |
Countries ranked near Thailand
More financial sector data for Thailand
- Net domestic credit (current LCU), per capita 389,633 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 48.36 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 263.90 million SDR (2025)
- Gold reserves at market value 24.05 billion SDR (2025)
- Reserves excluding gold, foreign exchange 177.04 billion SDR (2025)
- Reserves excluding gold 182.06 billion SDR (2025)
- Total reserves (gold at market value) 206.10 billion SDR (2025)
- Total reserves (gold at national valuation) 205.82 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,874 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Thailand?
- Life insurance premium volume to gdp in Thailand was 3.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Thailand?
- The highest recorded value was 3.8% in 2015.
- What is the lowest life insurance premium volume to gdp recorded in Thailand?
- The lowest recorded value was 0.9% in 1990.
- How does Thailand rank for life insurance premium volume to gdp?
- Thailand ranks 21st out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Thailand?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is rising.
- Where does this Thailand 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 — 31 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.