Libya vs Nigeria: Non-life insurance premium volume to GDP

Libya
0.2%
in 2012
Nigeria
0.2%
in 2018
Libya rank
158th
Nigeria rank
161st

Non-life insurance premium volume to GDP over time

  • Libya
  • Nigeria
0.20.30.40.50.6199120042018

How they compare

Libya currently reports 0.2% against 0.2% in Nigeria, a difference of 0.0%.

That makes Libya's figure about 1.1 times Nigeria's.

The two have swapped places 5 times across 20 shared years of data; in 1993 it was Libya ahead.

Libya ranks 158th and Nigeria ranks 161st of 167 countries.

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

Head to head by decade

Decade Libya Nigeria Difference Ahead
1990s 0.6% 0.4% 0.1% Libya
2000s 0.4% 0.3% 0.1% Libya
2010s 0.3% 0.3% 0.1% Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Libya or Nigeria?
Libya, at 0.2% against 0.2% in Nigeria as of 2012.
What is the difference in non-life insurance premium volume to gdp between Libya and Nigeria?
0.0%, with Libya ahead.
How many years of comparable data are there for Libya and Nigeria?
20 years are reported by both, from 1993 to 2012.
How do Libya and Nigeria rank globally for non-life insurance premium volume to gdp?
Libya ranks 158th 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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Libya vs Nigeria: Non-life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/non-life-insurance-premium-volume-to-gdp-percent/libya/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.