Barbados vs Korea: Non-life insurance premium volume to GDP
Barbados
5.1%
in 2020
Korea
4.6%
in 2020
Barbados rank
1st
Korea rank
3rd
Non-life insurance premium volume to GDP over time
- Barbados
- Korea
How they compare
Barbados currently reports 5.1% against 4.6% in Korea, a difference of 0.5%.
That makes Barbados's figure about 1.1 times Korea's.
The two have swapped places 6 times across 31 shared years of data; in 1990 it was Barbados ahead.
Barbados ranks 1st and Korea ranks 3rd of 167 countries.
Barbados has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Barbados | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.9% | 2.3% | 1.6% | Barbados |
| 2000s | 4.2% | 2.7% | 1.5% | Barbados |
| 2010s | 4.6% | 4.4% | 0.1% | Barbados |
| 2020s | 5.1% | 4.6% | 0.4% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher non-life insurance premium volume to gdp, Barbados or Korea?
- Barbados, at 5.1% against 4.6% in Korea as of 2020.
- What is the difference in non-life insurance premium volume to gdp between Barbados and Korea?
- 0.5%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Korea?
- 31 years are reported by both, from 1990 to 2020.
- How do Barbados and Korea rank globally for non-life insurance premium volume to gdp?
- Barbados ranks 1st and Korea ranks 3rd 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.