Non-life insurance premium volume to GDP in Hong Kong, China
Hong Kong, China: Non-life insurance premium volume to GDP was 1.0% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Hong Kong, China, 1991–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Hong Kong, China stood at 1.0%.
That represents a change of up 19.3% on the previous year and up 15.8% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Hong Kong, China peaked at 1.2% in 1994 and was at its lowest, 0.8%, in 1999.
That places Hong Kong, China 79th out of 167 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Non-life insurance premium volume to GDP in Hong Kong, China, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.1% | — |
| 1992 | 1.2% | +11.9% |
| 1993 | 1.2% | -0.4% |
| 1994 | 1.2% | +1.8% |
| 1995 | 1.2% | -4.8% |
| 1996 | 0.9% | -18.9% |
| 1997 | 0.9% | -5.8% |
| 1998 | 0.8% | -4.1% |
| 1999 | 0.8% | -7.6% |
| 2000 | 0.8% | +2.4% |
| 2001 | 0.9% | +9.6% |
| 2002 | 1.1% | +24.6% |
| 2003 | 1.2% | +5.3% |
| 2004 | 1.1% | -8.0% |
| 2005 | 0.9% | -12.8% |
| 2006 | 0.9% | -6.8% |
| 2007 | 0.8% | -6.6% |
| 2008 | 0.8% | +4.1% |
| 2009 | 0.9% | +11.6% |
| 2010 | 0.9% | -4.1% |
| 2011 | 0.9% | -3.1% |
| 2012 | 0.9% | +7.5% |
| 2013 | 1.0% | +2.7% |
| 2014 | 0.9% | -2.5% |
| 2015 | 0.9% | -2.6% |
| 2016 | 0.9% | -3.9% |
| 2017 | 0.8% | -6.9% |
| 2018 | 0.8% | -2.1% |
| 2019 | 0.9% | +9.1% |
| 2020 | 1.0% | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.0% | 0.8% | 1.2% | 9 |
| 2000s | 0.9% | 0.8% | 1.2% | 10 |
| 2010s | 0.9% | 0.8% | 1.0% | 10 |
| 2020s | 1.0% | 1.0% | 1.0% | 1 |
Countries ranked near Hong Kong, China
More financial sector data for Hong Kong, China
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.35 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.7308 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 41,641 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.454 % change on previous year (2023)
- Reserves excluding gold (SDR), per capita 42,075 SDR per person (2023)
- Total reserves (gold at market value) (SDR), annual growth rate -0.4501 % change on previous year (2023)
- Total reserves (gold at market value) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.4504 % change on previous year (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves in months of imports, annual growth rate -0.5027 % change on previous year (2023)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Hong Kong, China?
- Non-life insurance premium volume to gdp in Hong Kong, China was 1.0% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Hong Kong, China?
- The highest recorded value was 1.2% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in Hong Kong, China?
- The lowest recorded value was 0.8% in 1999.
- How does Hong Kong, China rank for non-life insurance premium volume to gdp?
- Hong Kong, China ranks 79th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Hong Kong, China?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is falling.
- Where does this Hong Kong, China 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.