Non-life insurance premium volume to GDP in Malaysia
Malaysia: Non-life insurance premium volume to GDP was 1.0% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Malaysia, 1990–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Malaysia is 1.0%, measured in 2019. That is the lowest value across all 30 years on record.
The figure is down 3.3% on the previous year and down 25.6% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Malaysia peaked at 1.8% in 1996 and was at its lowest, 1.0%, in 2019.
Malaysia ranks 80th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Non-life insurance premium volume to GDP in Malaysia, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.5% | — |
| 1991 | 1.5% | +4.8% |
| 1992 | 1.7% | +8.3% |
| 1993 | 1.6% | -3.9% |
| 1994 | 1.7% | +7.3% |
| 1995 | 1.7% | +1.9% |
| 1996 | 1.8% | +5.9% |
| 1997 | 1.7% | -5.7% |
| 1998 | 1.6% | -7.4% |
| 1999 | 1.5% | -5.6% |
| 2000 | 1.4% | -9.0% |
| 2001 | 1.5% | +9.4% |
| 2002 | 1.6% | +5.8% |
| 2003 | 1.6% | +0.9% |
| 2004 | 1.5% | -8.5% |
| 2005 | 1.5% | -0.0% |
| 2006 | 1.4% | -7.6% |
| 2007 | 1.3% | -3.2% |
| 2008 | 1.2% | -7.1% |
| 2009 | 1.4% | +13.6% |
| 2010 | 1.4% | -3.1% |
| 2011 | 1.3% | -3.7% |
| 2012 | 1.3% | +2.2% |
| 2013 | 1.4% | +1.6% |
| 2014 | 1.3% | -2.5% |
| 2015 | 1.3% | -2.1% |
| 2016 | 1.2% | -5.0% |
| 2017 | 1.1% | -8.5% |
| 2018 | 1.1% | -4.4% |
| 2019 | 1.0% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.5% | 1.8% | 10 |
| 2000s | 1.4% | 1.2% | 1.6% | 10 |
| 2010s | 1.2% | 1.0% | 1.4% | 10 |
Countries ranked near Malaysia
- 77 North Macedonia 1.1% compare
- 78 Greece 1.1% compare
- 79 Hong Kong, China 1.0% compare
- 81 Eswatini 1.0% compare
- 82 Ireland 1.0% compare
- 83 United Arab Emirates 1.0% compare
More financial sector data for Malaysia
- Net domestic credit (current LCU), per capita 82,207 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 6.26 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 5.16 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 43.75 million SDR (2025)
- Gold reserves at market value 3.99 billion SDR (2025)
- Reserves excluding gold, foreign exchange 82.45 billion SDR (2025)
- Reserves excluding gold 87.75 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.67 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,548 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Malaysia?
- Non-life insurance premium volume to gdp in Malaysia was 1.0% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Malaysia?
- The highest recorded value was 1.8% in 1996.
- What is the lowest non-life insurance premium volume to gdp recorded in Malaysia?
- The lowest recorded value was 1.0% in 2019.
- How does Malaysia rank for non-life insurance premium volume to gdp?
- Malaysia ranks 80th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Malaysia?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
- Where does this Malaysia 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.