Non-life insurance premium volume to GDP in Armenia
Armenia: Non-life insurance premium volume to GDP was 0.5% in 2020. ◆ Volatile
Non-life insurance premium volume to GDP in Armenia, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Armenia stood at 0.5%.
That represents a change of down 7.5% on the previous year and up 155.5% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Armenia peaked at 0.5% in 2011 and was at its lowest, 0.1%, in 1997.
That places Armenia 127th out of 167 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Non-life insurance premium volume to GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.1% | — |
| 1998 | 0.1% | +66.2% |
| 1999 | 0.1% | +27.1% |
| 2000 | 0.1% | +10.5% |
| 2001 | 0.1% | -9.0% |
| 2002 | 0.2% | +37.6% |
| 2003 | 0.2% | -0.7% |
| 2004 | 0.2% | +32.9% |
| 2005 | 0.2% | -5.3% |
| 2006 | 0.2% | +14.4% |
| 2007 | 0.1% | -43.4% |
| 2008 | 0.1% | -5.5% |
| 2009 | 0.2% | +87.8% |
| 2010 | 0.2% | -14.1% |
| 2011 | 0.5% | +179.4% |
| 2012 | 0.5% | -4.1% |
| 2013 | 0.5% | -0.5% |
| 2014 | 0.5% | +3.0% |
| 2015 | 0.5% | -5.0% |
| 2016 | 0.5% | +4.4% |
| 2017 | 0.5% | -9.0% |
| 2018 | 0.5% | -0.9% |
| 2019 | 0.5% | +12.5% |
| 2020 | 0.5% | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 3 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.5% | 0.2% | 0.5% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Armenia
More financial sector data for Armenia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Armenia?
- Non-life insurance premium volume to gdp in Armenia was 0.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Armenia?
- The highest recorded value was 0.5% in 2011.
- What is the lowest non-life insurance premium volume to gdp recorded in Armenia?
- The lowest recorded value was 0.1% in 1997.
- How does Armenia rank for non-life insurance premium volume to gdp?
- Armenia ranks 127th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Armenia?
- Over the last ten years it is up 155.5%. The long-run trend across the full record is volatile.
- Where does this Armenia 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.