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% |