Non-life insurance premium volume to GDP in Libya
Libya: Non-life insurance premium volume to GDP was 0.2% in 2012. ▼ Falling
Non-life insurance premium volume to GDP in Libya, 1993–2012
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2012, non-life insurance premium volume to gdp in Libya stood at 0.2%. That is the lowest value across all 20 years on record.
That represents a change of down 43.2% on the previous year and down 57.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Libya peaked at 0.6% in 1996 and was at its lowest, 0.2%, in 2012.
Libya ranks 158th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Non-life insurance premium volume to GDP in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 0.6% | — |
| 1994 | 0.6% | -8.5% |
| 1995 | 0.6% | +0.8% |
| 1996 | 0.6% | +11.8% |
| 1997 | 0.6% | -6.8% |
| 1998 | 0.6% | +5.0% |
| 1999 | 0.5% | -15.9% |
| 2000 | 0.5% | -9.8% |
| 2001 | 0.5% | -1.2% |
| 2002 | 0.5% | +12.0% |
| 2003 | 0.6% | +8.7% |
| 2004 | 0.3% | -39.1% |
| 2005 | 0.3% | -15.9% |
| 2006 | 0.2% | -12.4% |
| 2007 | 0.2% | -10.2% |
| 2008 | 0.3% | +36.7% |
| 2009 | 0.5% | +65.9% |
| 2010 | 0.4% | -28.1% |
| 2011 | 0.4% | +5.4% |
| 2012 | 0.2% | -43.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.6% | 7 |
| 2000s | 0.4% | 0.2% | 0.6% | 10 |
| 2010s | 0.3% | 0.2% | 0.4% | 3 |
Countries ranked near Libya
- 155 Mauritania 0.3% compare
- 156 Democratic Republic of Congo 0.2% compare
- 157 Pakistan 0.2% compare
- 159 Eritrea 0.2% compare
- 160 Kyrgyzstan 0.2% compare
- 161 Nigeria 0.2% compare
More financial sector data for Libya
- Net domestic credit (current LCU), per capita 7,742 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 33.1 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 165.03 million SDR (2025)
- Gold reserves at market value 15.04 billion SDR (2025)
- Reserves excluding gold, foreign exchange 57.67 billion SDR (2025)
- Reserves excluding gold 61.38 billion SDR (2025)
- Total reserves (gold at market value) 76.42 billion SDR (2025)
- Total reserves (gold at national valuation) 62.92 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 8,435 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Libya?
- Non-life insurance premium volume to gdp in Libya was 0.2% in 2012, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Libya?
- The highest recorded value was 0.6% in 1996.
- What is the lowest non-life insurance premium volume to gdp recorded in Libya?
- The lowest recorded value was 0.2% in 2012.
- How does Libya rank for non-life insurance premium volume to gdp?
- Libya ranks 158th out of 167 countries with data for 2012.
- Is non-life insurance premium volume to gdp rising or falling in Libya?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is falling.
- Where does this Libya 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.