Non-life insurance premium volume to GDP in Azerbaijan
Azerbaijan: Non-life insurance premium volume to GDP was 0.4% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Azerbaijan, 1997–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Azerbaijan is 0.4%, measured in 2019.
Compared with earlier readings it is up 3.4% on the previous year and down 0.4% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Azerbaijan peaked at 0.7% in 2003 and was at its lowest, 0.3%, in 1999.
Azerbaijan ranks 138th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Non-life insurance premium volume to GDP in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.3% | — |
| 1998 | 0.3% | -0.0% |
| 1999 | 0.3% | -25.3% |
| 2000 | 0.3% | +5.0% |
| 2001 | 0.6% | +132.6% |
| 2002 | 0.6% | +0.4% |
| 2003 | 0.7% | +9.9% |
| 2004 | 0.7% | -4.4% |
| 2005 | 0.6% | -14.9% |
| 2006 | 0.4% | -31.0% |
| 2007 | 0.4% | +14.5% |
| 2008 | 0.4% | -19.2% |
| 2009 | 0.4% | +7.4% |
| 2010 | 0.3% | -23.6% |
| 2011 | 0.3% | +1.6% |
| 2012 | 0.4% | +45.8% |
| 2013 | 0.4% | +4.1% |
| 2014 | 0.4% | -9.4% |
| 2015 | 0.4% | +10.2% |
| 2016 | 0.4% | -8.3% |
| 2017 | 0.4% | -11.6% |
| 2018 | 0.4% | +0.8% |
| 2019 | 0.4% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.3% | 0.3% | 3 |
| 2000s | 0.5% | 0.3% | 0.7% | 10 |
| 2010s | 0.4% | 0.3% | 0.4% | 10 |
Countries ranked near Azerbaijan
- 135 Guyana 0.4% compare
- 136 Lao People's Democratic Republic 0.4% compare
- 137 Uganda 0.4% compare
- 139 Tanzania, United Republic of 0.4% compare
- 140 Ethiopia 0.4% compare
- 141 Madagascar 0.4% compare
More financial sector data for Azerbaijan
- Net domestic credit (current LCU), per capita 3,598 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4856 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 5.42 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 9.43 billion SDR (2025)
- Reserves excluding gold 9.90 billion SDR (2025)
- Total reserves (gold at market value) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 965.97 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Azerbaijan?
- Non-life insurance premium volume to gdp in Azerbaijan was 0.4% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Azerbaijan?
- The highest recorded value was 0.7% in 2003.
- What is the lowest non-life insurance premium volume to gdp recorded in Azerbaijan?
- The lowest recorded value was 0.3% in 1999.
- How does Azerbaijan rank for non-life insurance premium volume to gdp?
- Azerbaijan ranks 138th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Azerbaijan 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.