Life insurance premium as a percentage of gdp reached 3.28% in 2013 in Australia, according to the National Central Bank / OECD. This is 9.61% more than in the previous year.
Historically, life insurance premium as a percentage of GDP in Australia reached an all time high of 6.38% in 1999 and an all time low of 2.00% in 1985.
Australia has been ranked 16th within the group of 48 countries we follow in terms of life insurance premium as a percentage of GDP.
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