Colombia: Non-life insurance premium volume

* indicates monthly or quarterly data series
 Colombia

Non-life insurance premium volume, percent of GDP

 Latest value 1.41
 Year 2020
 Measure percent
 Data availability 1994 - 2020
 Average 1.17
 Min - Max 1.01 - 1.41
 Source Swiss Re
For that indicator, we provide data for Colombia from 1994 to 2020. The average value for Colombia during that period was 1.17 percent with a minimum of 1.01 percent in 2000 and a maximum of 1.41 percent in 2020. The latest value from 2020 is 1.41 percent. For comparison, the world average in 2020 based on 96 countries is 1.37 percent. 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 values chart
Colombia - Non-life insurance premium volume - Recent values chart

Historical chart
Colombia - Non-life insurance premium volume - historical chart - 1994-2020




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.


 Related indicators Latest value Reference Measure
 Stock market capitalization, percent of GDP 19.91 2022 percent
 Stock market capitalization, in dollars 106.32 2020 billion U.S. dollars
 Stock market turnover ratio 9.50 2022 percent
 Listed companies 63 2022 companies
 Stock market value traded 3.70 2020 percent
 Stock market return 0.00 2021 percent
 Stock market access for smaller firms 24.00 2020 percent
 Stock market activity for smaller firms 99.15 2020 percent
 Stock price volatility 13.69 2021 percent
 Mutual fund assets 7.58 2020 percent
 Life insurance volume 1.35 2020 percent
 Non-life insurance premium volume 1.41 2020 percent
 Pension fund assets to GDP 34.45 2020 percent
 Insurance company assets 9.12 2020 percent
 Nonbank financial institutions assets to GDP 25.69 2014 percent
 Stock market index 84.43 9/2023 points
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