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How Big Are Life Insurance Savings vs. the Economy?

Life Insurance Reserves (As % of GDP) (%), 2013 or latest
Insurance | February 22, 2018
$2.99
Excel Sheet

Based on a comparison of 54 countries in 2013, Luxembourg ranked the highest in life insurance reserves as a percentage of GDP with 268% followed by Ireland and United Kingdom. On the other end of the scale was India with 0.002%, Venezuela with 0.016% and Georgia with 0.057%.

Data for more countries are available at Life Insurance Reserves (As % of GDP) indicator page.

Life Insurance Reserves (As % of GDP) Unit 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Austria % ... ... ... ... ... ... ... ... ... ... 26.0% 22.6% 26.7% 25.3% 19.9%
Belgium % ... ... ... ... ... ... ... ... ... ... 48.5% 42.4% 50.1% 49.7% 46.0%
France % ... ... ... ... ... ... ... ... ... ... 58.2% 57.3% 68.4% 67.8% 62.4%
Germany % ... ... ... ... ... ... ... ... ... ... 29.5% 25.8% 30.6% 29.7% 26.7%
Ireland % ... ... ... ... ... ... ... ... ... ... 76.6% 60.9% 85.4% 93.6% 84.7%
Italy % ... ... ... ... ... ... ... ... ... ... 24.1% 19.9% 25.1% 26.0% 23.8%
Japan % ... ... ... ... ... ... ... ... ... ... ... 38.6% 42.3% 38.6% 39.7% 39.3% ...
Luxembourg % ... ... ... ... ... ... ... ... ... ... ... 166% 130% 195% 223% 200%
Malta % ... ... ... ... ... ... ... ... ... ... 22.1% 19.1% 24.5% 25.7% 22.4%
Netherlands % ... ... ... ... ... ... ... ... ... ... 42.7% 36.4% 42.7% 42.2% 38.3%
Norway % ... ... ... ... ... ... ... ... ... ... 31.2% 20.6% 32.6% 32.0% 28.0%
Portugal % ... ... ... ... ... ... ... ... ... ... 24.9% 21.8% 26.8% 27.6% 22.2% ...
South Africa % ... ... ... ... ... ... ... ... ... ... ... 60.7% 43.5% 56.0% 54.2% 42.0% ...
South Korea % ... ... ... ... ... ... ... ... ... ... ... 20.2% 18.0% 23.5% 22.1% 21.6% ...
United Kingdom % ... ... ... ... ... ... ... ... ... ... 86.8% 67.9% 80.2% 78.8% 70.1%