New Zealand Life Insurance Premium Penetration (% of GDP) (2021)
New Zealand's Life Insurance Premium Penetration (% of GDP): 0.754 % of GDP in 2021, -0.038pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2021.
New Zealand (2021)
0.754
% of GDP
-0.038pp YoY
YoY Change
-0.038pp
percentage points
Trend
down
Series length
6
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2021 | 0.754 | -0.038pp |
| 2020 | 0.792 | -0.011pp |
| 2019 | 0.803 | n/a |
| 2003 | 0.159 | n/a |
| 2001 | 0.511 | -0.027pp |
| 2000 | 0.538 | n/a |
About this Dataset
New Zealand recorded 0.754 % of GDP in 2021. The latest change was -0.038pp. Across 2000–2021 the series ranges from 0.159 % of GDP in 2003 to 0.803 % of GDP in 2019.
This page tracks life insurance gross written premiums as a share of GDP in New Zealand. 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. 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 0.803 % of GDP in 2019 and reached its lowest recorded value of 0.159 % of GDP in 2003. The latest reading is 0.754 % of GDP in 2021. The latest change was -0.038pp.