Australia vs Spain: Non-life insurance premium volume to GDP

Australia
2.2%
in 2020
Spain
2.3%
in 2020
Australia rank
20th
Spain rank
18th

Non-life insurance premium volume to GDP over time

  • Australia
  • Spain
0123199020052020

How they compare

Spain currently reports 2.3% against 2.2% in Australia, a difference of 0.1%.

The two have swapped places 3 times across 30 shared years of data; in 1991 it was Australia ahead.

Australia ranks 20th and Spain ranks 18th of 167 countries.

Across the 4 decades both report, Australia averaged higher in 3 and Spain in 1.

Head to head by decade

Decade Australia Spain Difference Ahead
1990s 3.1% 2.1% 1.1% Australia
2000s 2.5% 2.3% 0.2% Australia
2010s 2.2% 2.1% 0.0% Australia
2020s 2.2% 2.3% 0.1% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Australia or Spain?
Spain, at 2.3% against 2.2% in Australia as of 2020.
What is the difference in non-life insurance premium volume to gdp between Australia and Spain?
0.1%, with Spain ahead.
How many years of comparable data are there for Australia and Spain?
30 years are reported by both, from 1991 to 2020.
How do Australia and Spain rank globally for non-life insurance premium volume to gdp?
Australia ranks 20th and Spain ranks 18th 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.

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Australia vs Spain: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 08 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/australia/spain/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 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.