Non-life insurance premium volume to GDP in Japan

Japan: Non-life insurance premium volume to GDP was 1.7% in 2020. ▬ Flat

Latest (2020)
1.7%
Change on year
up 3.7%
World rank
37th
of 167 countries
All-time high
1.8%
in 1993
All-time low
1.2%
in 1991
Years of data
31
1990–2020

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

00.511.521990200520201990: 1.2 %1991: 1.2 %1992: 1.7 %1993: 1.8 %1994: 1.8 %1995: 1.8 %1996: 1.8 %1997: 1.7 %1998: 1.7 %1999: 1.6 %2000: 1.6 %2001: 1.5 %2002: 1.6 %2003: 1.6 %2004: 1.5 %2005: 1.5 %2006: 1.5 %2007: 1.4 %2008: 1.4 %2009: 1.5 %2010: 1.4 %2011: 1.5 %2012: 1.5 %2013: 1.6 %2014: 1.6 %2015: 1.6 %2016: 1.6 %2017: 1.5 %2018: 1.6 %2019: 1.6 %2020: 1.7 %

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

Analysis

The most recent figure for non-life insurance premium volume to gdp in Japan is 1.7%, measured in 2020.

The figure is up 3.7% on the previous year and up 17.6% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Japan peaked at 1.8% in 1993 and was at its lowest, 1.2%, in 1991.

Japan ranks 37th of 167 countries on this measure, in the top quarter.

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

Annual values for Non-life insurance premium volume to GDP (%) in Japan, 1990 to 2020.
Year % Change
1990 1.2%
1991 1.2% -1.4%
1992 1.7% +46.8%
1993 1.8% +5.6%
1994 1.8% -3.0%
1995 1.8% +0.8%
1996 1.8% +1.5%
1997 1.7% -4.2%
1998 1.7% -5.6%
1999 1.6% -1.2%
2000 1.6% -3.3%
2001 1.5% -3.2%
2002 1.6% +3.6%
2003 1.6% -1.6%
2004 1.5% -1.9%
2005 1.5% -1.9%
2006 1.5% -1.2%
2007 1.4% -3.6%
2008 1.4% -1.9%
2009 1.5% +3.9%
2010 1.4% -2.7%
2011 1.5% +4.9%
2012 1.5% +2.3%
2013 1.6% +5.1%
2014 1.6% +1.2%
2015 1.6% -0.6%
2016 1.6% -1.8%
2017 1.5% -1.9%
2018 1.6% +1.7%
2019 1.6% +2.2%
2020 1.7% +3.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.6% 1.2% 1.8% 10
2000s 1.5% 1.4% 1.6% 10
2010s 1.6% 1.4% 1.6% 10
2020s 1.7% 1.7% 1.7% 1

Countries ranked near Japan

  1. 34 Honduras 1.7% compare
  2. 35 Cyprus 1.7% compare
  3. 36 Rwanda 1.7% compare
  4. 38 Czechia 1.7% compare
  5. 39 Uruguay 1.7% compare
  6. 40 Suriname 1.6% compare

See the full ranking of 167 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is non-life insurance premium volume to gdp in Japan?
Non-life insurance premium volume to gdp in Japan was 1.7% in 2020, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Japan?
The highest recorded value was 1.8% in 1993.
What is the lowest non-life insurance premium volume to gdp recorded in Japan?
The lowest recorded value was 1.2% in 1991.
How does Japan rank for non-life insurance premium volume to gdp?
Japan ranks 37th out of 167 countries with data for 2020.
Is non-life insurance premium volume to gdp rising or falling in Japan?
Over the last ten years it is up 17.6%. The long-run trend across the full record is flat.
Where does this Japan 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 Japan. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/japan/

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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.