Colombia vs Panama: Non-life insurance premium volume to GDP

Colombia
1.4%
in 2020
Panama
1.4%
in 2020
Colombia rank
54th
Panama rank
53rd

Non-life insurance premium volume to GDP over time

  • Colombia
  • Panama
00.511.52199020052020

How they compare

Panama currently reports 1.4% against 1.4% in Colombia, a difference of 0.0%.

The two have swapped places 2 times across 27 shared years of data; in 1994 it was Panama ahead.

Colombia ranks 54th and Panama ranks 53rd of 167 countries.

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

Head to head by decade

Decade Colombia Panama Difference Ahead
1990s 1.1% 1.8% 0.7% Panama
2000s 1.1% 1.5% 0.3% Panama
2010s 1.2% 1.5% 0.3% Panama
2020s 1.4% 1.4% 0.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Colombia or Panama?
Panama, at 1.4% against 1.4% in Colombia as of 2020.
What is the difference in non-life insurance premium volume to gdp between Colombia and Panama?
0.0%, with Panama ahead.
How many years of comparable data are there for Colombia and Panama?
27 years are reported by both, from 1994 to 2020.
How do Colombia and Panama rank globally for non-life insurance premium volume to gdp?
Colombia ranks 54th and Panama ranks 53rd 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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Colombia vs Panama: 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/colombia/panama/

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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.