Non-life insurance premium volume to GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Non-life insurance premium volume to GDP was 0.4% in 2019. ▲ Rising
Non-life insurance premium volume to GDP in Lao People's Democratic Republic, 1995–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Lao People's Democratic Republic is 0.4%, measured in 2019.
Compared with earlier readings it is up 20.7% on the previous year and up 37.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Lao People's Democratic Republic peaked at 0.6% in 2013 and was at its lowest, 0.1%, in 1997.
Lao People's Democratic Republic ranks 136th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Non-life insurance premium volume to GDP in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.1% | — |
| 1996 | 0.1% | +60.9% |
| 1997 | 0.1% | -39.4% |
| 1998 | 0.2% | +170.0% |
| 1999 | 0.2% | -6.8% |
| 2000 | 0.2% | -5.2% |
| 2001 | 0.2% | +5.7% |
| 2002 | 0.2% | +5.1% |
| 2003 | 0.3% | +21.9% |
| 2004 | 0.2% | -21.8% |
| 2005 | 0.3% | +23.4% |
| 2006 | 0.5% | +68.0% |
| 2007 | 0.3% | -44.4% |
| 2008 | 0.4% | +43.4% |
| 2009 | 0.3% | -26.7% |
| 2010 | 0.3% | +9.3% |
| 2011 | 0.4% | +25.0% |
| 2012 | 0.6% | +60.7% |
| 2013 | 0.6% | +2.9% |
| 2014 | 0.4% | -41.3% |
| 2015 | 0.4% | -0.3% |
| 2016 | 0.4% | +17.8% |
| 2017 | 0.3% | -22.2% |
| 2018 | 0.3% | -6.1% |
| 2019 | 0.4% | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.1% | 0.2% | 5 |
| 2000s | 0.3% | 0.2% | 0.5% | 10 |
| 2010s | 0.4% | 0.3% | 0.6% | 10 |
Countries ranked near Lao People's Democratic Republic
- 133 Burundi 0.5% compare
- 134 Brunei Darussalam 0.5% compare
- 135 Guyana 0.4% compare
- 137 Uganda 0.4% compare
- 138 Azerbaijan 0.4% compare
- 139 Tanzania, United Republic of 0.4% compare
More financial sector data for Lao People's Democratic Republic
- Net domestic credit (current LCU), per capita 2.48 million current LCU per person (2010)
- Net domestic credit (current LCU), per unit of GDP 2,203 current LCU per US$ of GDP (2010)
- Net domestic credit (current LCU), annual growth rate 51.76 % change on previous year (2010)
- Gold reserves at 35 SDRs per ounce 991,291 SDR (2019)
- Gold reserves at market value 31.19 million SDR (2019)
- Reserves excluding gold, foreign exchange 2.59 billion SDR (2025)
- Reserves excluding gold 2.71 billion SDR (2025)
- Total reserves (gold at market value) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 344.49 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Lao People's Democratic Republic?
- Non-life insurance premium volume to gdp in Lao People's Democratic Republic was 0.4% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.6% in 2013.
- What is the lowest non-life insurance premium volume to gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.1% in 1997.
- How does Lao People's Democratic Republic rank for non-life insurance premium volume to gdp?
- Lao People's Democratic Republic ranks 136th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Non-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.