Libya: Non-life insurance premium volume

* indicates monthly or quarterly data series
 Libya

Non-life insurance premium volume, percent of GDP

 Latest value 0.22
 Year 2012
 Measure percent
 Data availability 1993 - 2012
 Average 0.44
 Min - Max 0.22 - 0.62
 Source Swiss Re
The latest value from 2012 is 0.22 percent, a decline from 0.38 percent in 2011. In comparison, the world average is 1.18 percent, based on data from 163 countries. Historically, the average for Libya from 1993 to 2012 is 0.44 percent. The minimum value, 0.22 percent, was reached in 2007 while the maximum of 0.62 percent was recorded in 1996. 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
Libya - Non-life insurance premium volume - Recent values chart

Historical series
Libya - Non-life insurance premium volume - historical chart - 1993-2012




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
 Life insurance volume 0.01 2012 percent
 Non-life insurance premium volume 0.22 2012 percent
 Nonbank financial institutions assets to GDP 4.54 2004 percent
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