Non-life insurance premium volume to GDP in Kuwait
Kuwait: Non-life insurance premium volume to GDP was 0.3% in 2018. ▼ Falling
Non-life insurance premium volume to GDP in Kuwait, 1992–2018
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Kuwait is 0.3%, measured in 2018.
That represents a change of down 17.4% on the previous year and down 2.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Kuwait peaked at 0.7% in 1994 and was at its lowest, 0.3%, in 2013.
Kuwait ranks 145th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Non-life insurance premium volume to GDP in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.6% | — |
| 1993 | 0.6% | +2.8% |
| 1994 | 0.7% | +1.9% |
| 1995 | 0.6% | -8.9% |
| 1996 | 0.5% | -9.7% |
| 1997 | 0.6% | +6.5% |
| 1998 | 0.6% | +12.2% |
| 1999 | 0.5% | -17.6% |
| 2000 | 0.5% | -13.6% |
| 2001 | 0.6% | +21.1% |
| 2002 | 0.6% | +9.5% |
| 2003 | 0.6% | -8.0% |
| 2004 | 0.5% | -6.6% |
| 2005 | 0.4% | -15.9% |
| 2006 | 0.4% | -9.7% |
| 2007 | 0.4% | -4.1% |
| 2008 | 0.3% | -11.3% |
| 2009 | 0.4% | +19.3% |
| 2010 | 0.3% | -14.6% |
| 2011 | 0.3% | -18.5% |
| 2012 | 0.3% | -4.7% |
| 2013 | 0.3% | -2.2% |
| 2014 | 0.3% | +9.2% |
| 2015 | 0.4% | +49.0% |
| 2016 | 0.4% | +3.9% |
| 2017 | 0.4% | -9.6% |
| 2018 | 0.3% | -17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.7% | 8 |
| 2000s | 0.5% | 0.3% | 0.6% | 10 |
| 2010s | 0.3% | 0.3% | 0.4% | 9 |
Countries ranked near Kuwait
More financial sector data for Kuwait
- Total reserves (gold at national valuation) (SDR), annual growth rate -12.22 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,116 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -6.09 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -13.89 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1649 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 5,327 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -12.24 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 6,100 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Kuwait?
- Non-life insurance premium volume to gdp in Kuwait was 0.3% in 2018, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Kuwait?
- The highest recorded value was 0.7% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in Kuwait?
- The lowest recorded value was 0.3% in 2013.
- How does Kuwait rank for non-life insurance premium volume to gdp?
- Kuwait ranks 145th out of 167 countries with data for 2018.
- Is non-life insurance premium volume to gdp rising or falling in Kuwait?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is falling.
- Where does this Kuwait 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.