Data · Finance & banking
Life insurance premium volume to GDP (%): Vietnam, 1996–2019
- Latest (2019)
- 1.77 % GDP
- Source
- World Bank
- Code
- GFDD.DI.09
- Frequency
- Yearly
Definition
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.
What the series shows
The series runs from 1996 to 2019 (24 years of data). It moved from 0.00 to 1.77 % GDP. The highest value was 1.77 in 2019 and the lowest 0.00 in 1996. The comparison below sets Vietnam against 9 neighbouring economies on the latest available year.
Using it in a thesis
Indicators like this one are typical control or explanatory variables in macro and finance theses: merge the CSV with your other series on the year column, check for missing years before running a regression, and log-transform level variables that grow over time. If you use the series in a panel with other countries, take every country from the same source and vintage so the definitions match. Cite the original publisher, not this site, as shown below.
Values by year
| Year | Value (% GDP) |
|---|---|
| 2019 | 1.77 |
| 2018 | 1.55 |
| 2017 | 1.32 |
| 2016 | 1.12 |
| 2015 | 0.91 |
| 2014 | 0.69 |
| 2013 | 0.65 |
| 2012 | 0.57 |
| 2011 | 0.58 |
| 2010 | 0.64 |
| 2009 | 0.63 |
| 2008 | 0.55 |
| 2007 | 0.76 |
| 2006 | 0.80 |
| 2005 | 0.89 |
| 2004 | 0.99 |
| 2003 | 1.05 |
| 2002 | 0.87 |
| 2001 | 0.58 |
| 2000 | 0.29 |
| 1999 | 0.12 |
| 1998 | 0.01 |
| 1997 | 0.01 |
| 1996 | 0.00 |
Comparison with other countries
| Country | Latest year | Value |
|---|---|---|
| Vietnam | 2019 | 1.77 |
| Thailand | 2020 | 3.17 |
| Indonesia | 2020 | 1.11 |
| Malaysia | 2019 | 2.45 |
| Philippines | 2020 | 1.38 |
| Singapore | 2020 | 8.07 |
| Cambodia | 2020 | 0.58 |
| Laos | 2019 | 0.03 |
| Myanmar | 2020 | 0.05 |
| China | 2020 | 2.36 |
How to cite (APA 7)
World Bank. (2022). Life insurance premium volume to GDP (%), Vietnam [Data set]. Global Financial Development Database. https://databank.worldbank.org/source/global-financial-development
Licence: Creative Commons Attribution 4.0 International (CC BY 4.0). Retrieved 2026-11-02. The CSV has one row per period
with the variable name gfdd_di_09, ready for Stata, R or SPSS.