* indicates monthly or quarterly data series

Non-life insurance premium volume, percent of GDP, 2020:

The average for 2020 based on 96 countries was 1.37 percent. The highest value was in Barbados: 5.05 percent and the lowest value was in Kyrgyzstan: 0.2 percent. The indicator is available from 1990 to 2020. Below is a chart for all countries where data are available.

Measure: percent; Source: Swiss Re
Select indicator
* indicates monthly or quarterly data series


Countries Non-life insurance premium volume, 2020 Global rank Available data
Barbados 5.05 1 1990 - 2020
Luxembourg 4.84 2 1990 - 2020
South Korea 4.61 3 1990 - 2020
USA 3.39 4 1996 - 2020
Canada 3.32 5 1990 - 2020
Bahamas 3.29 6 1991 - 2020
Belize 3.14 7 1993 - 2020
Tr.&Tobago 2.61 8 1990 - 2020
France 2.45 9 1990 - 2020
Austria 2.36 10 1992 - 2020
Spain 2.32 11 1990 - 2020
Denmark 2.3 12 1990 - 2020
Australia 2.24 13 1991 - 2020
Slovenia 2.21 14 1991 - 2020
Argentina 2.16 15 1990 - 2020
Iceland 2.14 16 1990 - 2020
Portugal 2.05 17 1991 - 2020
Germany 2.04 18 1990 - 2020
Bulgaria 1.92 19 1995 - 2020
Norway 1.92 20 1991 - 2020
Morocco 1.85 21 1990 - 2020
Croatia 1.77 22 1994 - 2020
Honduras 1.72 23 1990 - 2020
Cyprus 1.68 24 1990 - 2020
Czechia 1.66 25 1993 - 2020
Japan 1.66 26 1990 - 2020
Rwanda 1.66 27 2000 - 2020
Suriname 1.65 28 2000 - 2020
Uruguay 1.65 29 1995 - 2020
Italy 1.64 30 1990 - 2020
Finland 1.63 31 1990 - 2020
Costa Rica 1.58 32 1990 - 2020
Aruba 1.55 33 2001 - 2020
Poland 1.54 34 1994 - 2020
Chile 1.53 35 1990 - 2020
Ecuador 1.47 36 1990 - 2020
Panama 1.42 37 1990 - 2020
Colombia 1.41 38 1994 - 2020
Israel 1.39 39 1990 - 2020
Netherlands 1.38 40 1990 - 2020
Serbia 1.35 41 1997 - 2020
Estonia 1.33 42 1993 - 2020
El Salvador 1.32 43 1990 - 2020
Hungary 1.32 44 1995 - 2020
Thailand 1.31 45 1990 - 2020
Macao 1.27 46 1996 - 2020
Namibia 1.23 47 1996 - 2020
Slovakia 1.22 48 1993 - 2020
Lithuania 1.19 49 1995 - 2020
China 1.17 50 1992 - 2020
Mozambique 1.13 51 1991 - 2020
Jordan 1.11 52 1992 - 2020
Turkey 1.11 53 1990 - 2020
North Macedonia 1.09 54 1993 - 2020
Greece 1.06 55 1992 - 2020
Hong Kong 1.04 56 1991 - 2020
Brazil 1 57 1994 - 2020
Latvia 1 58 1994 - 2020
Guatemala 0.97 59 1990 - 2020
Paraguay 0.95 60 1990 - 2020
Albania 0.89 61 1994 - 2020
Domin. Rep. 0.87 62 1991 - 2020
Peru 0.87 63 1993 - 2020
Romania 0.84 64 1995 - 2020
Taiwan 0.84 65 1990 - 2020
Kenya 0.82 66 1990 - 2020
Algeria 0.77 67 1992 - 2020
Ukraine 0.76 68 1994 - 2020
Bolivia 0.75 69 1990 - 2020
Russia 0.75 70 1993 - 2020
Singapore 0.75 71 1992 - 2020
Belarus 0.74 72 1996 - 2020
Georgia 0.67 73 1997 - 2020
Burkina Faso 0.66 74 1999 - 2020
Gabon 0.63 75 1990 - 2020
Moldova 0.61 76 1996 - 2020
Cameroon 0.58 77 1992 - 2020
Sri Lanka 0.58 78 1990 - 2020
Saudi Arabia 0.56 79 1991 - 2020
Ghana 0.5 80 1990 - 2020
Indonesia 0.5 81 1990 - 2020
Armenia 0.49 82 1997 - 2020
Kazakhstan 0.47 83 1997 - 2020
Philippines 0.47 84 1990 - 2020
Mongolia 0.46 85 1998 - 2020
Brunei 0.45 86 1993 - 2020
Uganda 0.38 87 1991 - 2020
Tanzania 0.37 88 1990 - 2020
Cambodia 0.33 89 1997 - 2020
Angola 0.29 90 1996 - 2020
Tajikistan 0.29 91 2000 - 2020
Burma 0.28 92 1998 - 2020
Mauritania 0.26 93 2003 - 2020
Yemen 0.26 94 1990 - 2020
Pakistan 0.22 95 1990 - 2020
Kyrgyzstan 0.2 96 2000 - 2020



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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

5.05
4.84
4.61
3.39
3.32
3.29
3.14
2.61
2.45
2.36
2.32
2.30
2.24
2.21
2.16
2.14
2.05
2.04
1.92
1.92
1.85
1.77
1.72
1.68
1.66
1.66
1.66
1.65
1.65
1.64
1.63
1.58
1.55
1.54
1.53
1.47
1.42
1.41
1.39
1.38
1.35
1.33
1.32
1.32
1.31
1.27
1.23
1.22
1.19
1.17
1.13
1.11
1.11
1.09
1.06
1.04
1.00
1.00
0.97
0.95
0.89
0.87
0.87
0.84
0.84
0.82
0.77
0.76
0.75
0.75
0.75
0.74
0.67
0.66
0.63
0.61
0.58
0.58
0.56
0.50
0.50
0.49
0.47
0.47
0.46
0.45
0.38
0.37
0.33
0.29
0.29
0.28
0.26
0.26
0.22
0.20
0
1.3
2.5
3.8
5.05


This site uses cookies.
Learn more here


OK