Life insurance premium volume to GDP in Viet Nam
Viet Nam: Life insurance premium volume to GDP was 1.8% in 2019. ◆ Volatile
Life insurance premium volume to GDP in Viet Nam, 1996–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Viet Nam recorded 1.8% for life insurance premium volume to gdp in 2019. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 13.6% on the previous year and up 181.8% over ten years.
Over the whole period, life insurance premium volume to gdp in Viet Nam peaked at 1.8% in 2019 and was at its lowest, 0.0%, in 1996.
That places Viet Nam 42nd out of 162 countries with data for 2019, putting it 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 Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 0.0% | — |
| 1997 | 0.0% | +1339.1% |
| 1998 | 0.0% | +5.7% |
| 1999 | 0.1% | +2053.5% |
| 2000 | 0.3% | +144.8% |
| 2001 | 0.6% | +97.9% |
| 2002 | 0.9% | +49.8% |
| 2003 | 1.1% | +21.1% |
| 2004 | 1.0% | -5.8% |
| 2005 | 0.9% | -10.1% |
| 2006 | 0.8% | -10.2% |
| 2007 | 0.8% | -4.8% |
| 2008 | 0.5% | -28.0% |
| 2009 | 0.6% | +14.3% |
| 2010 | 0.6% | +1.9% |
| 2011 | 0.6% | -9.8% |
| 2012 | 0.6% | -1.5% |
| 2013 | 0.7% | +14.8% |
| 2014 | 0.7% | +6.6% |
| 2015 | 0.9% | +31.5% |
| 2016 | 1.1% | +22.9% |
| 2017 | 1.3% | +18.0% |
| 2018 | 1.6% | +17.5% |
| 2019 | 1.8% | +13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.1% | 4 |
| 2000s | 0.7% | 0.3% | 1.1% | 10 |
| 2010s | 1.0% | 0.6% | 1.8% | 10 |
Countries ranked near Viet Nam
More financial sector data for Viet Nam
- Net domestic credit (current LCU), per capita 121.47 million current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 29,286 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 11.41 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 61.06 billion SDR (2025)
- Reserves excluding gold 62.49 billion SDR (2025)
- Total reserves (gold at market value) 62.49 billion SDR (2025)
- Total reserves (gold at national valuation) 63.49 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 624.87 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Viet Nam?
- Life insurance premium volume to gdp in Viet Nam was 1.8% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Viet Nam?
- The highest recorded value was 1.8% in 2019.
- What is the lowest life insurance premium volume to gdp recorded in Viet Nam?
- The lowest recorded value was 0.0% in 1996.
- How does Viet Nam rank for life insurance premium volume to gdp?
- Viet Nam ranks 42nd out of 162 countries with data for 2019.
- Is life insurance premium volume to gdp rising or falling in Viet Nam?
- Over the last ten years it is up 181.8%. The long-run trend across the full record is volatile.
- Where does this Viet Nam 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.