Non-life insurance premium volume to GDP in Aruba
Aruba: Non-life insurance premium volume to GDP was 1.6% in 2020. ▲ Rising
Non-life insurance premium volume to GDP in Aruba, 2001–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Aruba recorded 1.6% for non-life insurance premium volume to gdp in 2020. That is the highest value across all 20 years on record.
That represents a change of up 4.6% on the previous year and up 4.6% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Aruba peaked at 1.6% in 2020 and was at its lowest, 1.0%, in 2007.
Aruba ranks 44th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Non-life insurance premium volume to GDP in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 1.5% | — |
| 2002 | 1.5% | -1.9% |
| 2003 | 1.5% | +1.9% |
| 2004 | 1.4% | -7.9% |
| 2005 | 1.2% | -15.0% |
| 2006 | 1.2% | -0.1% |
| 2007 | 1.0% | -11.7% |
| 2008 | 1.1% | +7.7% |
| 2009 | 1.4% | +24.2% |
| 2010 | 1.5% | +7.4% |
| 2011 | 1.4% | -8.0% |
| 2012 | 1.5% | +8.0% |
| 2013 | 1.4% | -4.0% |
| 2014 | 1.4% | +0.8% |
| 2015 | 1.5% | +8.3% |
| 2016 | 1.5% | -3.6% |
| 2017 | 1.3% | -11.4% |
| 2018 | 1.5% | +10.1% |
| 2019 | 1.5% | +2.1% |
| 2020 | 1.6% | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.0% | 1.5% | 9 |
| 2010s | 1.4% | 1.3% | 1.5% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
Countries ranked near Aruba
More financial sector data for Aruba
- Net domestic credit (current LCU), per capita 37,538 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.08 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 5.89 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 3.50 million SDR (2025)
- Gold reserves at market value 318.93 million SDR (2025)
- Reserves excluding gold, foreign exchange 1.31 billion SDR (2025)
- Reserves excluding gold 1.31 billion SDR (2025)
- Total reserves (gold at market value) 1.63 billion SDR (2025)
- Total reserves (gold at national valuation) 1.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,264 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Aruba?
- Non-life insurance premium volume to gdp in Aruba was 1.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Aruba?
- The highest recorded value was 1.6% in 2020.
- What is the lowest non-life insurance premium volume to gdp recorded in Aruba?
- The lowest recorded value was 1.0% in 2007.
- How does Aruba rank for non-life insurance premium volume to gdp?
- Aruba ranks 44th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Aruba?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Aruba 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.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.