Life insurance premium volume to GDP in Zambia

Zambia: Life insurance premium volume to GDP was 0.5% in 2019. ▲ Rising

Latest (2019)
0.5%
Change on year
up 5.2%
World rank
88th
of 162 countries
All-time high
0.5%
in 1998
All-time low
0.1%
in 1995
Years of data
25
1995–2019

Life insurance premium volume to GDP in Zambia, 1995–2019

0.10.20.30.40.51995200720191995: 0.148 %1996: 0.176 %1997: 0.278 %1998: 0.488 %1999: 0.483 %2000: 0.446 %2001: 0.197 %2002: 0.192 %2003: 0.204 %2004: 0.217 %2005: 0.226 %2006: 0.26 %2007: 0.319 %2008: 0.374 %2009: 0.289 %2010: 0.29 %2011: 0.312 %2012: 0.349 %2013: 0.328 %2014: 0.345 %2015: 0.391 %2016: 0.377 %2017: 0.385 %2018: 0.463 %2019: 0.488 %

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

Analysis

Zambia recorded 0.5% for life insurance premium volume to gdp in 2019.

That represents a change of up 5.2% on the previous year and up 68.8% over ten years.

Over the whole period, life insurance premium volume to gdp in Zambia peaked at 0.5% in 1998 and was at its lowest, 0.1%, in 1995.

Zambia ranks 88th of 162 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

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

Annual values for Life insurance premium volume to GDP (%) in Zambia, 1995 to 2019.
Year % Change
1995 0.1%
1996 0.2% +19.4%
1997 0.3% +57.7%
1998 0.5% +75.5%
1999 0.5% -1.0%
2000 0.4% -7.7%
2001 0.2% -55.9%
2002 0.2% -2.4%
2003 0.2% +6.2%
2004 0.2% +6.3%
2005 0.2% +4.2%
2006 0.3% +15.3%
2007 0.3% +22.6%
2008 0.4% +17.1%
2009 0.3% -22.7%
2010 0.3% +0.6%
2011 0.3% +7.3%
2012 0.3% +12.0%
2013 0.3% -6.2%
2014 0.3% +5.2%
2015 0.4% +13.5%
2016 0.4% -3.6%
2017 0.4% +2.0%
2018 0.5% +20.4%
2019 0.5% +5.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3% 0.1% 0.5% 5
2000s 0.3% 0.2% 0.4% 10
2010s 0.4% 0.3% 0.5% 10

Countries ranked near Zambia

  1. 85 Lithuania 0.5% compare
  2. 86 Burkina Faso 0.5% compare
  3. 87 Senegal 0.5% compare
  4. 89 Tunisia 0.5% compare
  5. 90 Ecuador 0.5% compare
  6. 91 Serbia 0.5% compare

See the full ranking of 162 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is life insurance premium volume to gdp in Zambia?
Life insurance premium volume to gdp in Zambia was 0.5% in 2019, according to Sigma Reports, Swiss Re.
What is the highest life insurance premium volume to gdp recorded in Zambia?
The highest recorded value was 0.5% in 1998.
What is the lowest life insurance premium volume to gdp recorded in Zambia?
The lowest recorded value was 0.1% in 1995.
How does Zambia rank for life insurance premium volume to gdp?
Zambia ranks 88th out of 162 countries with data for 2019.
Is life insurance premium volume to gdp rising or falling in Zambia?
Over the last ten years it is up 68.8%. The long-run trend across the full record is rising.
Where does this Zambia 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 Zambia. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/life-insurance-premium-volume-to-gdp-percent/zambia/

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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.