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GVA from insurance and pension funding Philippines 2019-2022

Published by Statista Research Department, Mar 21, 2023
In 2022, the gross value added generated from the insurance and pension funding, except compulsory social security, in the Philippines amounted to approximately 259.28 billion Philippines pesos. The industry's GVA significantly declined in 2020 during the onset of the COVID-19 pandemic.

Gross value added generated from the insurance and pension funding in the Philippines from 2019 to 2022 (in billion Philippine pesos)

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Release date

January 2023

Region

Philippines

Survey time period

2019 to 2022

Special properties

except compulsory social security

Supplementary notes

Figures have been rounded.
One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of March 2023.
Figures are at constant 2018 prices.

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Statistics on " Insurance industry in the Philippines "

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Statistics on Insurance industry in the Philippines

Overview

4

Key indicators

3

Life insurance

4

Health insurance

7

General insurance

6

Pre-need insurance

4

Leading companies

5

Consumer perspective

5

Further related statistics

18

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Topics

Insurance industry in the PhilippinesDemographics of the PhilippinesCoronavirus (COVID-19) pandemic in the PhilippinesHealthcare industry in the Philippines
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