Australia vs Iceland: Non-life insurance premium volume to GDP
Australia
2.2%
in 2020
Iceland
2.1%
in 2020
Australia rank
20th
Iceland rank
23rd
Non-life insurance premium volume to GDP over time
- Australia
- Iceland
How they compare
Australia currently reports 2.2% against 2.1% in Iceland, a difference of 0.1%.
The two have swapped places 5 times across 30 shared years of data; in 1991 it was Iceland ahead.
Australia ranks 20th and Iceland ranks 23rd of 167 countries.
Across the 4 decades both report, Australia averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.1% | 2.6% | 0.6% | Australia |
| 2000s | 2.5% | 2.4% | 0.1% | Australia |
| 2010s | 2.2% | 2.2% | 0.0% | Iceland |
| 2020s | 2.2% | 2.1% | 0.1% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher non-life insurance premium volume to gdp, Australia or Iceland?
- Australia, at 2.2% against 2.1% in Iceland as of 2020.
- What is the difference in non-life insurance premium volume to gdp between Australia and Iceland?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 30 years are reported by both, from 1991 to 2020.
- How do Australia and Iceland rank globally for non-life insurance premium volume to gdp?
- Australia ranks 20th and Iceland ranks 23rd of 167 countries.
- Where does this data come from?
- Sigma Reports, Swiss Re, published as Non-life insurance premium volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.