Non-life insurance premium volume to GDP in Italy
Italy: Non-life insurance premium volume to GDP was 1.6% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Italy, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, non-life insurance premium volume to gdp in Italy stood at 1.6%.
That represents a change of up 8.0% on the previous year and down 12.4% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Italy peaked at 2.1% in 2003 and was at its lowest, 1.5%, in 2017.
That places Italy 41st 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 Italy, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.7% | — |
| 1991 | 1.7% | +4.8% |
| 1992 | 1.8% | +4.3% |
| 1993 | 1.9% | +3.6% |
| 1994 | 1.9% | -1.0% |
| 1995 | 1.9% | -0.2% |
| 1996 | 1.8% | -0.5% |
| 1997 | 1.8% | -0.1% |
| 1998 | 1.9% | +2.6% |
| 1999 | 1.9% | +2.1% |
| 2000 | 1.9% | +0.5% |
| 2001 | 2.0% | +2.3% |
| 2002 | 2.1% | +5.2% |
| 2003 | 2.1% | +2.2% |
| 2004 | 2.1% | -0.8% |
| 2005 | 2.1% | -0.8% |
| 2006 | 2.1% | -1.9% |
| 2007 | 2.0% | -3.4% |
| 2008 | 1.9% | -2.5% |
| 2009 | 2.0% | +1.2% |
| 2010 | 1.9% | -4.3% |
| 2011 | 1.9% | -0.6% |
| 2012 | 1.8% | -1.4% |
| 2013 | 1.7% | -4.9% |
| 2014 | 1.7% | -4.2% |
| 2015 | 1.6% | -5.0% |
| 2016 | 1.5% | -3.7% |
| 2017 | 1.5% | -2.4% |
| 2018 | 1.5% | +0.2% |
| 2019 | 1.5% | +1.5% |
| 2020 | 1.6% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | 1.7% | 1.9% | 10 |
| 2000s | 2.0% | 1.9% | 2.1% | 10 |
| 2010s | 1.7% | 1.5% | 1.9% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
Countries ranked near Italy
More financial sector data for Italy
- Net domestic credit (current LCU), per capita 52,704 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.3 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.32 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.76 billion SDR (2025)
- Gold reserves at market value 251.41 billion SDR (2025)
- Reserves excluding gold, foreign exchange 38.37 billion SDR (2025)
- Reserves excluding gold 65.50 billion SDR (2025)
- Total reserves (gold at market value) 316.91 billion SDR (2025)
- Total reserves (gold at national valuation) 313.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,324 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Italy?
- Non-life insurance premium volume to gdp in Italy was 1.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Italy?
- The highest recorded value was 2.1% in 2003.
- What is the lowest non-life insurance premium volume to gdp recorded in Italy?
- The lowest recorded value was 1.5% in 2017.
- How does Italy rank for non-life insurance premium volume to gdp?
- Italy ranks 41st out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Italy?
- Over the last ten years it is down 12.4%. The long-run trend across the full record is falling.
- Where does this Italy 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.