Non-life insurance premium volume - Country rankings

* 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.

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All articles

1. Barbados
2. Luxembourg
3. South Korea
4. USA
5. Canada
6. Bahamas
7. Belize
8. Tr.&Tobago
9. France
10. Austria
11. Spain
12. Denmark
13. Australia
14. Slovenia
15. Argentina
16. Iceland
17. Portugal
18. Germany
19. Bulgaria
20. Norway
21. Morocco
22. Croatia
23. Honduras
24. Cyprus
25. Czechia
26. Japan
27. Rwanda
28. Suriname
29. Uruguay
30. Italy
31. Finland
32. Costa Rica
33. Aruba
34. Poland
35. Chile
36. Ecuador
37. Panama
38. Colombia
39. Israel
40. Netherlands
41. Serbia
42. Estonia
43. El Salvador
44. Hungary
45. Thailand
46. Macao
47. Namibia
48. Slovakia
49. Lithuania
50. China
51. Mozambique
52. Jordan
53. Turkey
54. North Macedonia
55. Greece
56. Hong Kong
57. Brazil
58. Latvia
59. Guatemala
60. Paraguay
61. Albania
62. Domin. Rep.
63. Peru
64. Romania
65. Taiwan
66. Kenya
67. Algeria
68. Ukraine
69. Bolivia
70. Russia
71. Singapore
72. Belarus
73. Georgia
74. Burkina Faso
75. Gabon
76. Moldova
77. Cameroon
78. Sri Lanka
79. Saudi Arabia
80. Ghana
81. Indonesia
82. Armenia
83. Kazakhstan
84. Philippines
85. Mongolia
86. Brunei
87. Uganda
88. Tanzania
89. Cambodia
90. Angola
91. Tajikistan
92. Burma
93. Mauritania
94. Yemen
95. Pakistan
96. Kyrgyzstan
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


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