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Non-life insurance premium volume to GDP (%)

Premium data is 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.

📅 2020📏 %93 entries

BarbadosLuxembourgSouth KoreaUnited StatesCanadaBahamasBelizeSpainDenmarkAustraliaArgentinaIcelandNorwayCyprusRwandaJapanUruguaySurinameFinlandCosta RicaArubaChileEcuadorColombiaIsraelThailandMacauNamibiaChinaMozambiqueGreeceLatviaBrazilGuatemalaParaguayPeruKenyaAlgeriaUkraineSingaporeBoliviaRussiaBurkina FasoGabonSri LankaSaudi ArabiaGhanaIndonesiaKazakhstanPhilippinesMongoliaTanzaniaAngolaTajikistanMyanmarMauritania

5.05% – 1.92%1.92% – 1.41%1.39% – 1.00%1.00% – 0.58%0.58% – 0.20%No data

🇧🇧Barbados

5.05%

🇱🇺Luxembourg

4.84%

🇰🇷South Korea

4.61%

🇺🇸United States

3.39%

🇨🇦Canada

3.32%

🇧🇸Bahamas

3.29%

🇧🇿Belize

3.14%

🇹🇹Trinidad and Tobago

2.61%

🇫🇷France

2.45%

🇦🇹Austria

2.36%

🇪🇸Spain

2.32%

🇩🇰Denmark

2.30%

🇦🇺Australia

2.24%

🇸🇮Slovenia

2.21%

🇦🇷Argentina

2.16%

🇮🇸Iceland

2.14%

🇵🇹Portugal

2.05%

🇩🇪Germany

2.04%

🇧🇬Bulgaria

1.92%

🇳🇴Norway

1.92%

🇲🇦Morocco

1.85%

🇭🇷Croatia

1.77%

🇭🇳Honduras

1.72%

🇨🇾Cyprus

1.68%

🇷🇼Rwanda

1.66%

🇯🇵Japan

1.66%

🇨🇿Czechia

1.66%

🇺🇾Uruguay

1.65%

🇸🇷Suriname

1.65%

🇮🇹Italy

1.64%

🇫🇮Finland

1.63%

🇨🇷Costa Rica

1.58%

🇦🇼Aruba

1.55%

🇵🇱Poland

1.54%

🇨🇱Chile

1.53%

🇪🇨Ecuador

1.48%

🇵🇦Panama

1.42%

🇨🇴Colombia

1.41%

🇮🇱Israel

1.39%

🇳🇱Netherlands

1.38%

🇪🇪Estonia

1.33%

🇭🇺Hungary

1.32%

🇸🇻El Salvador

1.32%

🇹🇭Thailand

1.31%

🇲🇴Macau

1.27%

🇳🇦Namibia

1.23%

🇸🇰Slovakia

1.22%

🇱🇹Lithuania

1.19%

🇨🇳China

1.17%

🇲🇿Mozambique

1.13%

Highlights

As of 2020, Barbados ranks first with 5.05%, followed by Luxembourg (4.84%) and South Korea (4.61%).

Across 93 countries and territories, values run from 5.05% (Barbados) to 0.20% (Kyrgyzstan), with a median of 1.22%.

By region, the top 10 is made up of 6 from the Americas, 3 from Europe and 1 from Asia.

Source: World Bank Open Data — Non-life insurance premium volume to GDP (%), 2020. Unit: %.

Source: World Bank Open Data — Non-life insurance premium volume to GDP (%) · CC BY 4.0 · fetched Oct 17, 2026

Ranking

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Highlights

As of 2020, Barbados ranks first with 5.05%, followed by Luxembourg (4.84%) and South Korea (4.61%).

Across 93 countries and territories, values run from 5.05% (Barbados) to 0.20% (Kyrgyzstan), with a median of 1.22%.

By region, the top 10 is made up of 6 from the Americas, 3 from Europe and 1 from Asia.

Source: World Bank Open Data — Non-life insurance premium volume to GDP (%), 2020. Unit: %.