Non-life insurance premium volume to GDP in Belgium
Belgium: Non-life insurance premium volume to GDP was 2.0% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Belgium, 1999–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Belgium recorded 2.0% for non-life insurance premium volume to gdp in 2019.
That represents a change of up 1.7% on the previous year and down 8.4% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Belgium peaked at 2.3% in 1999 and was at its lowest, 2.0%, in 2018.
That places Belgium 28th out of 167 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Non-life insurance premium volume to GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 2.3% | — |
| 2000 | 2.2% | -5.1% |
| 2001 | 2.2% | +0.6% |
| 2002 | 2.3% | +1.5% |
| 2003 | 2.3% | +2.6% |
| 2004 | 2.3% | -2.1% |
| 2005 | 2.2% | -3.0% |
| 2006 | 2.2% | -1.1% |
| 2007 | 2.1% | -2.3% |
| 2008 | 2.2% | +1.4% |
| 2009 | 2.2% | +2.0% |
| 2010 | 2.1% | -2.7% |
| 2011 | 2.2% | +1.5% |
| 2012 | 2.2% | +0.9% |
| 2013 | 2.2% | +0.7% |
| 2014 | 2.2% | -0.9% |
| 2015 | 2.1% | -3.9% |
| 2016 | 2.1% | -2.4% |
| 2017 | 2.0% | -2.3% |
| 2018 | 2.0% | -1.3% |
| 2019 | 2.0% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 2.3% | 2.3% | 1 |
| 2000s | 2.2% | 2.1% | 2.3% | 10 |
| 2010s | 2.1% | 2.0% | 2.2% | 10 |
Countries ranked near Belgium
More financial sector data for Belgium
- Net domestic credit (current LCU), per capita 64,305 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.14 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 255.88 million SDR (2025)
- Gold reserves at market value 23.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.74 billion SDR (2025)
- Reserves excluding gold 17.86 billion SDR (2025)
- Total reserves (gold at market value) 41.18 billion SDR (2025)
- Total reserves (gold at national valuation) 40.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,423 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Belgium?
- Non-life insurance premium volume to gdp in Belgium was 2.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Belgium?
- The highest recorded value was 2.3% in 1999.
- What is the lowest non-life insurance premium volume to gdp recorded in Belgium?
- The lowest recorded value was 2.0% in 2018.
- How does Belgium rank for non-life insurance premium volume to gdp?
- Belgium ranks 28th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Belgium?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is falling.
- Where does this Belgium 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 — 21 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.