Romania: Life insurance volume

* indicates monthly or quarterly data series

Life insurance premium volume, percent of GDP

 Latest value 0.19
 Year 2020
 Measure percent
 Data availability 1995 - 2020
 Average 0.22
 Min - Max 0.03 - 0.36
 Source Swiss Re
For that indicator, we provide data for Romania from 1995 to 2020. The average value for Romania during that period was 0.22 percent with a minimum of 0.03 percent in 1997 and a maximum of 0.36 percent in 2005. The latest value from 2020 is 0.19 percent. For comparison, the world average in 2020 based on 92 countries is 1.90 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
Romania - Life insurance volume - recent values

Historical chart
Romania - Life insurance volume - historical chart - 1995-2020

Definition: Ratio of 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 9.64 2022 percent
 Stock market capitalization, in dollars 25.51 2020 billion U.S. dollars
 Stock market turnover ratio 11.50 2020 percent
 Listed companies 81 2020 companies
 Stock market value traded 1.17 2020 percent
 Mutual fund assets 1.99 2020 percent
 Life insurance volume 0.19 2020 percent
 Non-life insurance premium volume 0.84 2020 percent
 Pension fund assets to GDP 7.40 2020 percent
 Insurance company assets 2.17 2020 percent
 Nonbank financial institutions assets to GDP 12.94 2021 percent
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