New Zealand Life Insurance Premium Penetration (% of GDP) (2021)
New Zealand's Life Insurance Premium Penetration (% of GDP): 0.8 % of GDP in 2021, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2021.
New Zealand (2021)
0.8
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
6
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2021 | 0.8 | unchanged |
| 2020 | 0.8 | unchanged |
| 2019 | 0.8 | n/a |
| 2003 | 0.2 | n/a |
| 2001 | 0.5 | unchanged |
| 2000 | 0.5 | n/a |
About this Dataset
New Zealand recorded 0.8 % of GDP in 2021. That is unchanged on the previous period. Across 2000–2021 the series ranges from 0.2 in 2003 to 0.8 in 2019.
This page tracks life insurance gross written premiums as a share of GDP in New Zealand from 2000 to present. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks life insurance gross written premiums as a share of GDP in New Zealand from 2000 to present. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel. It is published by OECD and updated annually.
The most recent observation covers 2021. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2000–2021 (6 observations).
The series peaked at 0.8 % of GDP in 2019 and reached its lowest recorded value of 0.2 in 2003. The latest reading of 0.8 in 2021 is unchanged on the previous period.