{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"nz-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/nz-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/nz-life-insurance-penetration-gdp/","title":"New Zealand Life Insurance Premium Penetration (% of GDP) (2021)","description":"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.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","New Zealand","2021"],"publisher":"OECD","frequency":"Annual","geography":"New Zealand","temporal_coverage":"2000/2021","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2021","variable_measured":"New Zealand Life Insurance Premium Penetration (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD","url":"https://data-explorer.oecd.org/vis?fs[0]=Topic%2C0%7CFinancial+sector%23FIN%23&pg=0&fc=Topic&bp=true&snb=10"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2021"},{"label":"Observations","value":"6"},{"label":"Geography","value":"New Zealand"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"New Zealand (2021)","value":"0.8","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"6","unit":"years of data"}],"series":[{"key":"value","label":"New Zealand Life Insurance Premium Penetration (% of GDP)"}],"observation_count":6,"observations":[{"period":"2000","value":0.538},{"period":"2001","value":0.511},{"period":"2003","value":0.159},{"period":"2019","value":0.803},{"period":"2020","value":0.792},{"period":"2021","value":0.754}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2021","value":"0.8","yoyChange":"unchanged"},{"year":"2020","value":"0.8","yoyChange":"unchanged"},{"year":"2019","value":"0.8","yoyChange":"n/a"},{"year":"2003","value":"0.2","yoyChange":"n/a"},{"year":"2001","value":"0.5","yoyChange":"unchanged"},{"year":"2000","value":"0.5","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"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."}]}