Iceland vs New Zealand: Non-life insurance premium volume to GDP

Iceland
2.1%
in 2020
New Zealand
2.1%
in 2019
Iceland rank
23rd
New Zealand rank
24th

Non-life insurance premium volume to GDP over time

  • Iceland
  • New Zealand
0123199020052020

How they compare

Iceland currently reports 2.1% against 2.1% in New Zealand, a difference of 0.0%.

The two have swapped places 2 times across 29 shared years of data; in 1991 it was Iceland ahead.

Iceland ranks 23rd and New Zealand ranks 24th of 167 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland New Zealand Difference Ahead
1990s 2.6% 2.1% 0.5% Iceland
2000s 2.4% 1.6% 0.8% Iceland
2010s 2.2% 2.0% 0.2% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Iceland or New Zealand?
Iceland, at 2.1% against 2.1% in New Zealand as of 2020.
What is the difference in non-life insurance premium volume to gdp between Iceland and New Zealand?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and New Zealand?
29 years are reported by both, from 1991 to 2019.
How do Iceland and New Zealand rank globally for non-life insurance premium volume to gdp?
Iceland ranks 23rd and New Zealand ranks 24th 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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Iceland vs New Zealand: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/iceland/new-zealand/

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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.