Life insurance premium volume to GDP in Romania
Romania: Life insurance premium volume to GDP was 0.2% in 2020. ▲ Rising
Life insurance premium volume to GDP in Romania, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Romania is 0.2%, measured in 2020.
Compared with earlier readings it is down 2.4% on the previous year and down 37.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Romania peaked at 0.4% in 2005 and was at its lowest, 0.0%, in 1997.
That places Romania 119th out of 162 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Life insurance premium volume to GDP in Romania, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1996 | 0.0% | +13.8% |
| 1997 | 0.0% | -32.7% |
| 1998 | 0.0% | +23.2% |
| 1999 | 0.1% | +125.5% |
| 2000 | 0.1% | +49.8% |
| 2001 | 0.2% | +36.6% |
| 2002 | 0.3% | +51.1% |
| 2003 | 0.3% | +10.8% |
| 2004 | 0.3% | -6.1% |
| 2005 | 0.4% | +26.4% |
| 2006 | 0.3% | -8.1% |
| 2007 | 0.3% | +2.2% |
| 2008 | 0.3% | +1.3% |
| 2009 | 0.3% | -11.6% |
| 2010 | 0.3% | +2.3% |
| 2011 | 0.3% | -2.1% |
| 2012 | 0.3% | -6.4% |
| 2013 | 0.2% | -19.1% |
| 2014 | 0.2% | -12.6% |
| 2015 | 0.2% | +8.0% |
| 2016 | 0.2% | -3.2% |
| 2017 | 0.2% | +8.3% |
| 2018 | 0.2% | -7.4% |
| 2019 | 0.2% | -5.4% |
| 2020 | 0.2% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.1% | 5 |
| 2000s | 0.3% | 0.1% | 0.4% | 10 |
| 2010s | 0.2% | 0.2% | 0.3% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Romania
More financial sector data for Romania
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 12.7 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1232 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,777 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,921 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 17.62 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 3,480 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 17.34 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,472 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 11.77 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Romania?
- Life insurance premium volume to gdp in Romania was 0.2% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Romania?
- The highest recorded value was 0.4% in 2005.
- What is the lowest life insurance premium volume to gdp recorded in Romania?
- The lowest recorded value was 0.0% in 1997.
- How does Romania rank for life insurance premium volume to gdp?
- Romania ranks 119th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Romania?
- Over the last ten years it is down 37.3%. The long-run trend across the full record is rising.
- Where does this Romania data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
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.