Turkmenistan: Non-life insurance premium volume
* indicates monthly or quarterly data series
Turkmenistan |
Non-life insurance premium volume, percent of GDP |
---|---|
Latest value | 0.26 |
Year | 2011 |
Measure | percent |
Data availability | 2005 - 2011 |
Average | 0.19 |
Min - Max | 0.09 - 0.30 |
Source | Swiss Re |
The latest value from 2011 is 0.26 percent, a decline from 0.3 percent in 2010. In comparison, the world average is 1.16 percent, based on data from 166 countries. Historically, the average for Turkmenistan from 2005 to 2011 is 0.19 percent. The minimum value, 0.09 percent, was reached in 2006 while the maximum of 0.3 percent was recorded in 2009.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Non-life insurance premium volume | 0.26 | 2011 | percent |