Non-life insurance premium volume to GDP in Algeria
Algeria: Non-life insurance premium volume to GDP was 0.8% in 2020. ▲ Rising
Non-life insurance premium volume to GDP in Algeria, 1992–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Algeria stood at 0.8%. That is the highest value across all 29 years on record.
The figure is up 18.3% on the previous year and up 23.7% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Algeria peaked at 0.8% in 2020 and was at its lowest, 0.4%, in 2000.
That places Algeria 97th out of 167 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Non-life insurance premium volume to GDP in Algeria, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.7% | — |
| 1993 | 0.7% | -1.8% |
| 1994 | 0.6% | -5.4% |
| 1995 | 0.6% | +2.1% |
| 1996 | 0.6% | -11.6% |
| 1997 | 0.5% | -4.3% |
| 1998 | 0.5% | +0.5% |
| 1999 | 0.5% | -6.3% |
| 2000 | 0.4% | -14.2% |
| 2001 | 0.5% | +12.8% |
| 2002 | 0.6% | +26.3% |
| 2003 | 0.6% | -6.9% |
| 2004 | 0.5% | -4.2% |
| 2005 | 0.5% | -5.9% |
| 2006 | 0.5% | -0.9% |
| 2007 | 0.5% | +4.9% |
| 2008 | 0.6% | +5.4% |
| 2009 | 0.7% | +26.8% |
| 2010 | 0.6% | -13.8% |
| 2011 | 0.5% | -11.5% |
| 2012 | 0.6% | +4.0% |
| 2013 | 0.6% | +11.4% |
| 2014 | 0.7% | +7.1% |
| 2015 | 0.7% | +6.8% |
| 2016 | 0.7% | -6.2% |
| 2017 | 0.6% | -4.8% |
| 2018 | 0.6% | -4.8% |
| 2019 | 0.6% | +4.9% |
| 2020 | 0.8% | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.7% | 8 |
| 2000s | 0.6% | 0.4% | 0.7% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Algeria
More financial sector data for Algeria
- Net domestic credit (current LCU), per capita 600,182 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 99.19 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.78 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 195.30 million SDR (2025)
- Gold reserves at market value 17.80 billion SDR (2025)
- Reserves excluding gold, foreign exchange 34.63 billion SDR (2025)
- Reserves excluding gold 38.30 billion SDR (2025)
- Total reserves (gold at market value) 56.10 billion SDR (2025)
- Total reserves (gold at national valuation) 38.30 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 807.43 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Algeria?
- Non-life insurance premium volume to gdp in Algeria was 0.8% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Algeria?
- The highest recorded value was 0.8% in 2020.
- What is the lowest non-life insurance premium volume to gdp recorded in Algeria?
- The lowest recorded value was 0.4% in 2000.
- How does Algeria rank for non-life insurance premium volume to gdp?
- Algeria ranks 97th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Algeria?
- Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
- Where does this Algeria data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Non-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.