Barbados: Non-life insurance premium volume

* indicates monthly or quarterly data series
 Barbados

Non-life insurance premium volume, percent of GDP

 Latest value 5.05
 Year 2020
 Measure percent
 Data availability 1990 - 2020
 Average 4.26
 Min - Max 2.80 - 5.07
 Source Swiss Re
The latest value from 2020 is 5.05 percent, an increase from 4.67 percent in 2019. In comparison, the world average is 1.37 percent, based on data from 96 countries. Historically, the average for Barbados from 1990 to 2020 is 4.26 percent. The minimum value, 2.8 percent, was reached in 2009 while the maximum of 5.07 percent was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Barbados - Non-life insurance premium volume - Recent values chart

Historical series
Barbados - Non-life insurance premium volume - historical chart - 1990-2020




Definition: Ratio of non-life insurance premium volume to GDP. Premium volume is the insurer's direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year. Premium data are taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.

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 Related indicators Latest Reference Measure
 Stock market capitalization, percent of GDP 58.17 2020 percent
 Stock market capitalization, in dollars 2.78 2020 billion U.S. dollars
 Stock market turnover ratio 0.23 2020 percent
 Listed companies 15 2020 companies
 Stock market value traded 0.00 2021 percent
 Mutual fund assets 26.44 2016 percent
 Life insurance volume 2.77 2020 percent
 Non-life insurance premium volume 5.05 2020 percent
 Pension fund assets to GDP 20.15 2015 percent
 Insurance company assets 35.03 2019 percent
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