Life insurance premium volume to GDP in Uganda

Uganda: Life insurance premium volume to GDP was 0.2% in 2020. ◆ Volatile

Latest (2020)
0.2%
Change on year
up 33.9%
World rank
115th
of 162 countries
All-time high
0.2%
in 2020
All-time low
0.0%
in 2006
Years of data
25
1996–2020

Life insurance premium volume to GDP in Uganda, 1996–2020

00.050.10.150.20.251996200820201996: 0.047 %1997: 0.035 %1998: 0.036 %1999: 0.024 %2000: 0.034 %2001: 0.03 %2002: 0.024 %2003: 0.029 %2004: 0.026 %2005: 0.023 %2006: 0.023 %2007: 0.037 %2008: 0.041 %2009: 0.042 %2010: 0.044 %2011: 0.05 %2012: 0.051 %2013: 0.061 %2014: 0.068 %2015: 0.1 %2016: 0.121 %2017: 0.128 %2018: 0.149 %2019: 0.174 %2020: 0.233 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

In 2020, life insurance premium volume to gdp in Uganda stood at 0.2%. That is the highest value across all 25 years on record.

That represents a change of up 33.9% on the previous year and up 429.7% over ten years.

Over the whole period, life insurance premium volume to gdp in Uganda peaked at 0.2% in 2020 and was at its lowest, 0.0%, in 2006.

Uganda ranks 115th of 162 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Life insurance premium volume to GDP in Uganda, year by year

Annual values for Life insurance premium volume to GDP (%) in Uganda, 1996 to 2020.
Year % Change
1996 0.0%
1997 0.0% -25.1%
1998 0.0% +2.8%
1999 0.0% -33.9%
2000 0.0% +42.1%
2001 0.0% -10.1%
2002 0.0% -19.9%
2003 0.0% +18.2%
2004 0.0% -11.1%
2005 0.0% -8.7%
2006 0.0% -3.6%
2007 0.0% +65.9%
2008 0.0% +9.6%
2009 0.0% +2.0%
2010 0.0% +5.3%
2011 0.0% +13.3%
2012 0.1% +1.6%
2013 0.1% +21.3%
2014 0.1% +10.9%
2015 0.1% +46.2%
2016 0.1% +21.2%
2017 0.1% +6.0%
2018 0.1% +16.6%
2019 0.2% +16.7%
2020 0.2% +33.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.0% 4
2000s 0.0% 0.0% 0.0% 10
2010s 0.1% 0.0% 0.2% 10
2020s 0.2% 0.2% 0.2% 1

Countries ranked near Uganda

  1. 112 North Macedonia 0.3% compare
  2. 113 Kazakhstan 0.2% compare
  3. 114 Mozambique 0.2% compare
  4. 116 Gabon 0.2% compare
  5. 117 Iceland 0.2% compare
  6. 118 Dominican Republic 0.2% compare

See the full ranking of 162 places →

More financial sector data for Uganda

All data for Uganda →

Frequently asked questions

What is life insurance premium volume to gdp in Uganda?
Life insurance premium volume to gdp in Uganda was 0.2% in 2020, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Uganda?
The highest recorded value was 0.2% in 2020.
What is the lowest life insurance premium volume to gdp recorded in Uganda?
The lowest recorded value was 0.0% in 2006.
How does Uganda rank for life insurance premium volume to gdp?
Uganda ranks 115th out of 162 countries with data for 2020.
Is life insurance premium volume to gdp rising or falling in Uganda?
Over the last ten years it is up 429.7%. The long-run trend across the full record is volatile.
Where does this Uganda 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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Life insurance premium volume to GDP in Uganda. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 01 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/uganda/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.