Equatorial Guinea vs Nigeria: Non-life insurance premium volume to GDP

Equatorial Guinea
0.1%
in 2016
Nigeria
0.2%
in 2018
Equatorial Guinea rank
164th
Nigeria rank
161st

Non-life insurance premium volume to GDP over time

  • Equatorial Guinea
  • Nigeria
00.20.40.6199120042018

How they compare

Nigeria currently reports 0.2% against 0.1% in Equatorial Guinea, a difference of 0.1%.

That makes Nigeria's figure about 1.5 times Equatorial Guinea's.

Across all 14 years both countries report, Nigeria has been ahead every year.

Equatorial Guinea ranks 164th and Nigeria ranks 161st of 167 countries.

Nigeria has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Equatorial Guinea Nigeria Difference Ahead
2000s 0.0% 0.3% 0.3% Nigeria
2010s 0.1% 0.2% 0.1% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Equatorial Guinea or Nigeria?
Nigeria, at 0.2% against 0.1% in Equatorial Guinea as of 2018.
What is the difference in non-life insurance premium volume to gdp between Equatorial Guinea and Nigeria?
0.1%, with Nigeria ahead.
How many years of comparable data are there for Equatorial Guinea and Nigeria?
14 years are reported by both, from 2002 to 2016.
How do Equatorial Guinea and Nigeria rank globally for non-life insurance premium volume to gdp?
Equatorial Guinea ranks 164th and Nigeria ranks 161st 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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Equatorial Guinea vs Nigeria: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/equatorial-guinea/nigeria/

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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.