For that indicator, we provide data for Russia from 1993 to 2020. The average value for Russia during that period was 0.81 percent with a minimum of 0.28 percent in 1993 and a maximum of 1.28 percent in 2003.
The latest value from 2020 is 0.75 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.
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.