Georgia: Non-life insurance premium volume

* indicates monthly or quarterly data series
 Georgia

Non-life insurance premium volume, percent of GDP

 Latest value 0.67
 Year 2020
 Measure percent
 Data availability 1997 - 2020
 Average 0.41
 Min - Max 0.07 - 0.67
 Source Swiss Re
For that indicator, we provide data for Georgia from 1997 to 2020. The average value for Georgia during that period was 0.41 percent with a minimum of 0.07 percent in 1997 and a maximum of 0.67 percent in 2019. The latest value from 2020 is 0.67 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
Georgia - Non-life insurance premium volume - Recent values chart

Historical chart
Georgia - Non-life insurance premium volume - historical chart - 1997-2020




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
 Life insurance volume 0.10 2020 percent
 Non-life insurance premium volume 0.67 2020 percent
 Pension fund assets to GDP 2.36 2020 percent
 Insurance company assets 1.85 2020 percent
 Nonbank financial institutions assets to GDP 2.88 2021 percent
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