Barbados vs Germany: Life insurance premium volume to GDP

Barbados
2.8%
in 2020
Germany
3.1%
in 2020
Barbados rank
25th
Germany rank
22nd

Life insurance premium volume to GDP over time

  • Barbados
  • Germany
01234199020052020

How they compare

Germany currently reports 3.1% against 2.8% in Barbados, a difference of 0.3%.

That makes Germany's figure about 1.1 times Barbados's.

The two have swapped places 4 times across 31 shared years of data; in 1990 it was Germany ahead.

Barbados ranks 25th and Germany ranks 22nd of 162 countries.

Germany has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Barbados Germany Difference Ahead
1990s 2.1% 2.4% 0.3% Germany
2000s 2.2% 3.1% 0.9% Germany
2010s 2.3% 3.1% 0.8% Germany
2020s 2.8% 3.1% 0.3% Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Barbados or Germany?
Germany, at 3.1% against 2.8% in Barbados as of 2020.
What is the difference in life insurance premium volume to gdp between Barbados and Germany?
0.3%, with Germany ahead.
How many years of comparable data are there for Barbados and Germany?
31 years are reported by both, from 1990 to 2020.
How do Barbados and Germany rank globally for life insurance premium volume to gdp?
Barbados ranks 25th and Germany ranks 22nd of 162 countries.
Where does this data come from?
Sigma Reports, Swiss Re, published as Life insurance premium volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Germany: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/barbados/germany/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.