Canada vs Germany: Life insurance premium volume to GDP

Canada
3.2%
in 2019
Germany
3.1%
in 2020
Canada rank
20th
Germany rank
22nd

Life insurance premium volume to GDP over time

  • Canada
  • Germany
01234199020052020

How they compare

Canada currently reports 3.2% against 3.1% in Germany, a difference of 0.1%.

The two have swapped places 2 times across 28 shared years of data; in 1992 it was Canada ahead.

Canada ranks 20th and Germany ranks 22nd of 162 countries.

Across the 3 decades both report, Canada averaged higher in 1 and Germany in 2.

Head to head by decade

Decade Canada Germany Difference Ahead
1990s 2.8% 2.5% 0.3% Canada
2000s 2.9% 3.1% 0.2% Germany
2010s 3.1% 3.1% 0.0% Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Canada or Germany?
Canada, at 3.2% against 3.1% in Germany as of 2019.
What is the difference in life insurance premium volume to gdp between Canada and Germany?
0.1%, with Canada ahead.
How many years of comparable data are there for Canada and Germany?
28 years are reported by both, from 1992 to 2019.
How do Canada and Germany rank globally for life insurance premium volume to gdp?
Canada ranks 20th 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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Canada vs Germany: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/canada/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.