Papua New Guinea vs Saudi Arabia: Non-life insurance premium volume to GDP

Papua New Guinea
0.5%
in 2017
Saudi Arabia
0.6%
in 2020
Papua New Guinea rank
122nd
Saudi Arabia rank
121st

Non-life insurance premium volume to GDP over time

  • Papua New Guinea
  • Saudi Arabia
0.20.40.60.81199120052020

How they compare

Saudi Arabia currently reports 0.6% against 0.5% in Papua New Guinea, a difference of 0.1%.

The two have swapped places 1 time across 23 shared years of data; in 1994 it was Papua New Guinea ahead.

Papua New Guinea ranks 122nd and Saudi Arabia ranks 121st of 167 countries.

Papua New Guinea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Papua New Guinea Saudi Arabia Difference Ahead
1990s 0.9% 0.4% 0.5% Papua New Guinea
2000s 0.9% 0.3% 0.6% Papua New Guinea
2010s 0.7% 0.5% 0.2% Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher non-life insurance premium volume to gdp, Papua New Guinea or Saudi Arabia?
Saudi Arabia, at 0.6% against 0.5% in Papua New Guinea as of 2020.
What is the difference in non-life insurance premium volume to gdp between Papua New Guinea and Saudi Arabia?
0.1%, with Saudi Arabia ahead.
How many years of comparable data are there for Papua New Guinea and Saudi Arabia?
23 years are reported by both, from 1994 to 2017.
How do Papua New Guinea and Saudi Arabia rank globally for non-life insurance premium volume to gdp?
Papua New Guinea ranks 122nd and Saudi Arabia ranks 121st 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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Papua New Guinea vs Saudi Arabia: 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/papua-new-guinea/saudi-arabia/

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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.