Barbados vs Luxembourg: Non-life insurance premium volume to GDP

Barbados
5.1%
in 2020
Luxembourg
4.8%
in 2020
Barbados rank
1st
Luxembourg rank
2nd

Non-life insurance premium volume to GDP over time

  • Barbados
  • Luxembourg
12345199020052020

How they compare

Barbados currently reports 5.1% against 4.8% in Luxembourg, a difference of 0.3%.

Across all 31 years both countries report, Barbados has been ahead every year.

Barbados ranks 1st and Luxembourg ranks 2nd of 167 countries.

Barbados has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Barbados Luxembourg Difference Ahead
1990s 3.9% 2.5% 1.5% Barbados
2000s 4.2% 2.6% 1.6% Barbados
2010s 4.6% 1.6% 3.0% Barbados
2020s 5.1% 4.8% 0.2% 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 Luxembourg?
Barbados, at 5.1% against 4.8% in Luxembourg as of 2020.
What is the difference in non-life insurance premium volume to gdp between Barbados and Luxembourg?
0.3%, with Barbados ahead.
How many years of comparable data are there for Barbados and Luxembourg?
31 years are reported by both, from 1990 to 2020.
How do Barbados and Luxembourg rank globally for non-life insurance premium volume to gdp?
Barbados ranks 1st and Luxembourg ranks 2nd 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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Barbados vs Luxembourg: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/barbados/luxembourg/

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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.