Non-life insurance premium volume to GDP in Indonesia

Indonesia: Non-life insurance premium volume to GDP was 0.5% in 2020. ▼ Falling

Latest (2020)
0.5%
Change on year
up 15.3%
World rank
126th
of 167 countries
All-time high
0.6%
in 2002
All-time low
0.4%
in 2010
Years of data
31
1990–2020

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

00.20.40.61990200520201990: 0.504 %1991: 0.475 %1992: 0.47 %1993: 0.486 %1994: 0.555 %1995: 0.577 %1996: 0.533 %1997: 0.505 %1998: 0.551 %1999: 0.459 %2000: 0.46 %2001: 0.551 %2002: 0.596 %2003: 0.566 %2004: 0.552 %2005: 0.512 %2006: 0.45 %2007: 0.418 %2008: 0.401 %2009: 0.383 %2010: 0.363 %2011: 0.368 %2012: 0.371 %2013: 0.398 %2014: 0.431 %2015: 0.435 %2016: 0.415 %2017: 0.401 %2018: 0.41 %2019: 0.432 %2020: 0.498 %

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

Analysis

Indonesia recorded 0.5% for non-life insurance premium volume to gdp in 2020.

That represents a change of up 15.3% on the previous year and up 37.3% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Indonesia peaked at 0.6% in 2002 and was at its lowest, 0.4%, in 2010.

That places Indonesia 126th out of 167 countries with data for 2020, putting it in the bottom quarter.

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

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

Annual values for Non-life insurance premium volume to GDP (%) in Indonesia, 1990 to 2020.
Year % Change
1990 0.5%
1991 0.5% -5.7%
1992 0.5% -1.2%
1993 0.5% +3.6%
1994 0.6% +14.1%
1995 0.6% +4.0%
1996 0.5% -7.6%
1997 0.5% -5.2%
1998 0.6% +9.1%
1999 0.5% -16.8%
2000 0.5% +0.2%
2001 0.6% +20.0%
2002 0.6% +8.0%
2003 0.6% -4.9%
2004 0.6% -2.5%
2005 0.5% -7.2%
2006 0.5% -12.1%
2007 0.4% -7.1%
2008 0.4% -4.1%
2009 0.4% -4.5%
2010 0.4% -5.2%
2011 0.4% +1.5%
2012 0.4% +0.7%
2013 0.4% +7.2%
2014 0.4% +8.3%
2015 0.4% +0.9%
2016 0.4% -4.5%
2017 0.4% -3.4%
2018 0.4% +2.2%
2019 0.4% +5.5%
2020 0.5% +15.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5% 0.5% 0.6% 10
2000s 0.5% 0.4% 0.6% 10
2010s 0.4% 0.4% 0.4% 10
2020s 0.5% 0.5% 0.5% 1

Countries ranked near Indonesia

  1. 123 Sudan 0.5% compare
  2. 124 Gambia 0.5% compare
  3. 125 Ghana 0.5% compare
  4. 127 Armenia 0.5% compare
  5. 128 Sierra Leone 0.5% compare
  6. 129 Haiti 0.5% compare

See the full ranking of 167 places →

More financial sector data for Indonesia

All data for Indonesia →

Frequently asked questions

What is non-life insurance premium volume to gdp in Indonesia?
Non-life insurance premium volume to gdp in Indonesia was 0.5% in 2020, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Indonesia?
The highest recorded value was 0.6% in 2002.
What is the lowest non-life insurance premium volume to gdp recorded in Indonesia?
The lowest recorded value was 0.4% in 2010.
How does Indonesia rank for non-life insurance premium volume to gdp?
Indonesia ranks 126th out of 167 countries with data for 2020.
Is non-life insurance premium volume to gdp rising or falling in Indonesia?
Over the last ten years it is up 37.3%. The long-run trend across the full record is falling.
Where does this Indonesia 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 Indonesia. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/indonesia/

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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.