Non-life insurance premium volume to GDP in Myanmar
Myanmar: Non-life insurance premium volume to GDP was 0.3% in 2020. ◆ Volatile
Non-life insurance premium volume to GDP in Myanmar, 1998–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Myanmar recorded 0.3% for non-life insurance premium volume to gdp in 2020. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 49.0% on the previous year and up 489.0% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Myanmar peaked at 0.3% in 2020 and was at its lowest, 0.0%, in 2009.
Myanmar ranks 151st of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Non-life insurance premium volume to GDP in Myanmar, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 0.1% | — |
| 1999 | 0.1% | -26.4% |
| 2000 | 0.1% | -19.4% |
| 2001 | 0.0% | -8.2% |
| 2002 | 0.1% | +27.6% |
| 2003 | 0.0% | -29.1% |
| 2004 | 0.0% | +8.9% |
| 2005 | 0.0% | -9.7% |
| 2006 | 0.0% | -3.2% |
| 2007 | 0.0% | -9.4% |
| 2008 | 0.0% | +8.0% |
| 2009 | 0.0% | -8.4% |
| 2010 | 0.0% | +24.4% |
| 2011 | 0.1% | +12.6% |
| 2012 | 0.1% | +10.3% |
| 2014 | 0.1% | +18.3% |
| 2015 | 0.1% | -8.2% |
| 2016 | 0.1% | +10.9% |
| 2017 | 0.1% | +38.9% |
| 2018 | 0.1% | +13.2% |
| 2019 | 0.2% | +68.1% |
| 2020 | 0.3% | +49.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 2 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.2% | 9 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Reserve tranche position, SDR, per capita 0 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1985)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Myanmar?
- Non-life insurance premium volume to gdp in Myanmar was 0.3% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Myanmar?
- The highest recorded value was 0.3% in 2020.
- What is the lowest non-life insurance premium volume to gdp recorded in Myanmar?
- The lowest recorded value was 0.0% in 2009.
- How does Myanmar rank for non-life insurance premium volume to gdp?
- Myanmar ranks 151st out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Myanmar?
- Over the last ten years it is up 489.0%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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.