Non-life insurance premium volume to GDP in Germany
Germany: Non-life insurance premium volume to GDP was 2.0% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Germany, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Germany recorded 2.0% for non-life insurance premium volume to gdp in 2020.
That represents a change of up 5.8% on the previous year and up 7.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Germany peaked at 2.5% in 1994 and was at its lowest, 1.9%, in 2011.
That places Germany 26th out of 167 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Non-life insurance premium volume to GDP in Germany, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 2.3% | — |
| 1991 | 2.2% | -3.5% |
| 1992 | 2.2% | +1.9% |
| 1993 | 2.4% | +5.8% |
| 1994 | 2.5% | +4.0% |
| 1995 | 2.5% | -0.7% |
| 1996 | 2.4% | -1.7% |
| 1997 | 2.3% | -3.3% |
| 1998 | 2.2% | -4.3% |
| 1999 | 2.1% | -5.2% |
| 2000 | 2.1% | -1.5% |
| 2001 | 2.1% | +0.0% |
| 2002 | 2.1% | +2.2% |
| 2003 | 2.2% | +2.6% |
| 2004 | 2.2% | -0.3% |
| 2005 | 2.2% | -1.3% |
| 2006 | 2.0% | -5.2% |
| 2007 | 1.9% | -5.7% |
| 2008 | 1.9% | -1.7% |
| 2009 | 2.0% | +4.5% |
| 2010 | 1.9% | -3.6% |
| 2011 | 1.9% | -2.2% |
| 2012 | 1.9% | +2.0% |
| 2013 | 1.9% | +1.5% |
| 2014 | 1.9% | -0.5% |
| 2015 | 1.9% | +0.1% |
| 2016 | 1.9% | -0.5% |
| 2017 | 1.9% | -0.6% |
| 2018 | 1.9% | +0.7% |
| 2019 | 1.9% | +1.0% |
| 2020 | 2.0% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 2.1% | 2.5% | 10 |
| 2000s | 2.1% | 1.9% | 2.2% | 10 |
| 2010s | 1.9% | 1.9% | 1.9% | 10 |
| 2020s | 2.0% | 2.0% | 2.0% | 1 |
Countries ranked near Germany
- 23 Iceland 2.1% compare
- 24 New Zealand 2.1% compare
- 25 Portugal 2.0% compare
- 27 United Kingdom 2.0% compare
- 28 Belgium 2.0% compare
- 29 Switzerland 2.0% compare
More financial sector data for Germany
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.9878 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 327.32 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.0842 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 889.69 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 44.18 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 5,004 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 42.65 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,951 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 42.89 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Germany?
- Non-life insurance premium volume to gdp in Germany was 2.0% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Germany?
- The highest recorded value was 2.5% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in Germany?
- The lowest recorded value was 1.9% in 2011.
- How does Germany rank for non-life insurance premium volume to gdp?
- Germany ranks 26th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Germany?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is falling.
- Where does this Germany 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.