India vs Norway: Life insurance premium volume to GDP

India
2.7%
in 2018
Norway
3.0%
in 2020
India rank
26th
Norway rank
23rd

Life insurance premium volume to GDP over time

  • India
  • Norway
1234199220062020

How they compare

Norway currently reports 3.0% against 2.7% in India, a difference of 0.3%.

That makes Norway's figure about 1.1 times India's.

The two have swapped places 2 times across 26 shared years of data; in 1993 it was Norway ahead.

India ranks 26th and Norway ranks 23rd of 162 countries.

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

Head to head by decade

Decade India Norway Difference Ahead
1990s 1.2% 2.1% 0.9% Norway
2000s 3.1% 2.6% 0.4% India
2010s 3.0% 2.8% 0.2% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, India or Norway?
Norway, at 3.0% against 2.7% in India as of 2020.
What is the difference in life insurance premium volume to gdp between India and Norway?
0.3%, with Norway ahead.
How many years of comparable data are there for India and Norway?
26 years are reported by both, from 1993 to 2018.
How do India and Norway rank globally for life insurance premium volume to gdp?
India ranks 26th and Norway ranks 23rd 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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India vs Norway: 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/india/norway/

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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.