Based on a comparison of 56 countries in 2013, Denmark ranked the highest in life insurance premium as a percentage of GDP with 64.1% followed by Luxembourg and Ireland. On the other end of the scale was Costa Rica with 0.025%, Honduras with 0.085% and Russia with 0.093%.
Data for more countries are available at Life Insurance Premium (As % of GDP) indicator page.
Life Insurance Premium (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 |
Belgium | % | 6.43% | 5.49% | 5.28% | 5.26% | 4.88% | ||||||||||||||||
Denmark | % | 5.83% | 6.23% | 6.23% | 6.44% | 6.76% | ||||||||||||||||
France | % | 7.02% | 6.13% | ... | ... | 6.27% | ||||||||||||||||
Hong Kong | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.56% | 10.0% | 9.98% | ||
Ireland | % | ... | 19.6% | 25.3% | 16.2% | 16.6% | 14.8% | |||||||||||||||
Italy | % | 4.13% | 3.55% | 2.87% | 3.07% | 2.85% | ||||||||||||||||
Japan | % | 6.21% | 7.02% | 7.49% | 7.28% | 7.76% | ||||||||||||||||
Luxembourg | % | ... | 27.8% | 26.0% | 42.8% | 49.5% | 29.3% | |||||||||||||||
Portugal | % | 5.25% | 6.10% | 5.72% | 6.58% | 4.09% | ||||||||||||||||
Singapore | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.76% | 2.11% | 2.60% | ||||||
South Africa | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.4% | 10.4% | ||
South Korea | % | ... | 7.07% | 6.74% | 6.81% | 6.58% | 6.60% | |||||||||||||||
Switzerland | % | 5.01% | 5.29% | 5.06% | 5.03% | 4.97% | ||||||||||||||||
USA | % | 5.38% | 5.51% | 5.54% | 5.34% | 5.57% | ||||||||||||||||
United Kingdom | % | 16.2% | 10.6% | 10.3% | 8.95% | 8.70% |