Barbados vs India: Life insurance premium volume to GDP

Barbados
2.8%
in 2020
India
2.7%
in 2018
Barbados rank
25th
India rank
26th

Life insurance premium volume to GDP over time

  • Barbados
  • India
01234199020052020

How they compare

Barbados currently reports 2.8% against 2.7% in India, a difference of 0.1%.

The two have swapped places 3 times across 27 shared years of data; in 1992 it was Barbados ahead.

Barbados ranks 25th and India ranks 26th of 162 countries.

Across the 3 decades both report, Barbados averaged higher in 1 and India in 2.

Head to head by decade

Decade Barbados India Difference Ahead
1990s 2.1% 1.2% 0.9% Barbados
2000s 2.2% 3.1% 0.9% India
2010s 2.3% 3.0% 0.7% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Barbados or India?
Barbados, at 2.8% against 2.7% in India as of 2020.
What is the difference in life insurance premium volume to gdp between Barbados and India?
0.1%, with Barbados ahead.
How many years of comparable data are there for Barbados and India?
27 years are reported by both, from 1992 to 2018.
How do Barbados and India rank globally for life insurance premium volume to gdp?
Barbados ranks 25th and India ranks 26th 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 India: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/barbados/india/

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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.