
Germany: Non-life insurance premium volume
* indicates monthly or quarterly data series
Germany |
Non-life insurance premium volume, percent of GDP |
---|---|
Latest value | 2.04 |
Reference | 2020 |
Measure | percent |
Source | Swiss Re |
For that indicator, we provide data for Germany from 1990 to 2020. The average value for Germany during that period was 2.1 percent with a minimum of 1.86 percent in 2011 and a maximum of 2.47 percent in 1994.
The latest value from 2020 is 2.04 percent. For comparison, the world average in 2020 based on 96
countries is 1.37 percent.
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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.