Canada vs United States of America: Non-life insurance premium volume to GDP
Canada
3.3%
in 2020
United States of America
3.4%
in 2020
Canada rank
6th
United States of America rank
5th
Non-life insurance premium volume to GDP over time
- Canada
- United States of America
How they compare
United States of America currently reports 3.4% against 3.3% in Canada, a difference of 0.1%.
Across all 25 years both countries report, United States of America has been ahead every year.
Canada ranks 6th and United States of America ranks 5th of 167 countries.
United States of America has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.3% | 3.2% | 0.8% | United States of America |
| 2000s | 2.4% | 3.4% | 0.9% | United States of America |
| 2010s | 2.6% | 3.2% | 0.6% | United States of America |
| 2020s | 3.3% | 3.4% | 0.1% | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher non-life insurance premium volume to gdp, Canada or United States of America?
- United States of America, at 3.4% against 3.3% in Canada as of 2020.
- What is the difference in non-life insurance premium volume to gdp between Canada and United States of America?
- 0.1%, with United States of America ahead.
- How many years of comparable data are there for Canada and United States of America?
- 25 years are reported by both, from 1996 to 2020.
- How do Canada and United States of America rank globally for non-life insurance premium volume to gdp?
- Canada ranks 6th and United States of America ranks 5th 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.