Russia: Life insurance volume
* indicates monthly or quarterly data series
| Russia |
Life insurance premium volume, percent of GDP |
|---|---|
| Latest value | 0.41 |
| Reference | 2020 |
| Measure | percent |
| Source | Swiss Re |
For that indicator, we provide data for Russia from 1996 to 2020. The average value for Russia during that period was 0.4 percent with a minimum of 0.04 percent in 2008 and a maximum of 1.64 percent in 2001.
The latest value from 2020 is 0.41 percent. For comparison, the world average in 2020 based on 92
countries is 1.90 percent.
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* indicates monthly or quarterly data series
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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.