Belize vs South Africa: Non-life insurance premium volume to GDP

Belize
3.1%
in 2020
South Africa
2.9%
in 2019
Belize rank
9th
South Africa rank
12th

Non-life insurance premium volume to GDP over time

  • Belize
  • South Africa
0123199020052020

How they compare

Belize currently reports 3.1% against 2.9% in South Africa, a difference of 0.2%.

That makes Belize's figure about 1.1 times South Africa's.

The two have swapped places 6 times across 27 shared years of data; in 1993 it was South Africa ahead.

Belize ranks 9th and South Africa ranks 12th of 167 countries.

Across the 3 decades both report, Belize averaged higher in 2 and South Africa in 1.

Head to head by decade

Decade Belize South Africa Difference Ahead
1990s 1.4% 2.0% 0.6% South Africa
2000s 2.9% 2.1% 0.8% Belize
2010s 2.7% 2.5% 0.1% Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Belize or South Africa?
Belize, at 3.1% against 2.9% in South Africa as of 2020.
What is the difference in non-life insurance premium volume to gdp between Belize and South Africa?
0.2%, with Belize ahead.
How many years of comparable data are there for Belize and South Africa?
27 years are reported by both, from 1993 to 2019.
How do Belize and South Africa rank globally for non-life insurance premium volume to gdp?
Belize ranks 9th and South Africa ranks 12th 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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Belize vs South Africa: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/belize/south-africa/

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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.