Non-life insurance premium volume to GDP in Denmark

Denmark: Non-life insurance premium volume to GDP was 2.3% in 2020. ▲ Rising

Latest (2020)
2.3%
Change on year
down 1.4%
World rank
19th
of 167 countries
All-time high
2.7%
in 2014
All-time low
1.8%
in 2000
Years of data
31
1990–2020

Non-life insurance premium volume to GDP in Denmark, 1990–2020

01231990200520201990: 2.2 %1991: 2.1 %1992: 2.1 %1993: 2.1 %1994: 2 %1995: 2 %1996: 2 %1997: 2 %1998: 2 %1999: 1.9 %2000: 1.8 %2001: 1.8 %2002: 2.1 %2003: 2.2 %2004: 2.3 %2005: 2.2 %2006: 2.2 %2007: 2.4 %2008: 2.4 %2009: 2.6 %2010: 2.5 %2011: 2.5 %2012: 2.5 %2013: 2.5 %2014: 2.7 %2015: 2.6 %2016: 2.5 %2017: 2.4 %2018: 2.2 %2019: 2.3 %2020: 2.3 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

Denmark recorded 2.3% for non-life insurance premium volume to gdp in 2020.

That represents a change of down 1.4% on the previous year and down 7.6% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Denmark peaked at 2.7% in 2014 and was at its lowest, 1.8%, in 2000.

That places Denmark 19th out of 167 countries with data for 2020, putting it in the top quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Non-life insurance premium volume to GDP in Denmark, year by year

Annual values for Non-life insurance premium volume to GDP (%) in Denmark, 1990 to 2020.
Year % Change
1990 2.2%
1991 2.1% -5.0%
1992 2.1% -1.5%
1993 2.1% +2.1%
1994 2.0% -3.5%
1995 2.0% -1.0%
1996 2.0% +1.7%
1997 2.0% -0.3%
1998 2.0% -0.5%
1999 1.9% -8.2%
2000 1.8% -2.9%
2001 1.8% +1.4%
2002 2.1% +13.0%
2003 2.2% +7.4%
2004 2.3% +2.6%
2005 2.2% -2.1%
2006 2.2% -2.3%
2007 2.4% +10.5%
2008 2.4% -0.3%
2009 2.6% +6.1%
2010 2.5% -2.5%
2011 2.5% +2.0%
2012 2.5% -0.7%
2013 2.5% -2.3%
2014 2.7% +9.2%
2015 2.6% -4.2%
2016 2.5% -4.5%
2017 2.4% -0.9%
2018 2.2% -7.8%
2019 2.3% +3.8%
2020 2.3% -1.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.0% 1.9% 2.2% 10
2000s 2.2% 1.8% 2.6% 10
2010s 2.5% 2.2% 2.7% 10
2020s 2.3% 2.3% 2.3% 1

Countries ranked near Denmark

  1. 16 France 2.4% compare
  2. 17 Austria 2.4% compare
  3. 18 Spain 2.3% compare
  4. 20 Australia 2.2% compare
  5. 21 Slovenia 2.2% compare
  6. 22 Argentina 2.2% compare

See the full ranking of 167 places →

More financial sector data for Denmark

All data for Denmark →

Frequently asked questions

What is non-life insurance premium volume to gdp in Denmark?
Non-life insurance premium volume to gdp in Denmark was 2.3% in 2020, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Denmark?
The highest recorded value was 2.7% in 2014.
What is the lowest non-life insurance premium volume to gdp recorded in Denmark?
The lowest recorded value was 1.8% in 2000.
How does Denmark rank for non-life insurance premium volume to gdp?
Denmark ranks 19th out of 167 countries with data for 2020.
Is non-life insurance premium volume to gdp rising or falling in Denmark?
Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
Where does this Denmark 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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Non-life insurance premium volume to GDP in Denmark. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/denmark/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 data points, 1990–2020
Last refreshed

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.