Non-life insurance premium volume to GDP in Nepal
Nepal: Non-life insurance premium volume to GDP was 0.7% in 2018. ▲ Rising
Non-life insurance premium volume to GDP in Nepal, 1991–2018
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2018, non-life insurance premium volume to gdp in Nepal stood at 0.7%. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 53.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Nepal peaked at 0.7% in 2018 and was at its lowest, 0.2%, in 1993.
Nepal ranks 107th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Non-life insurance premium volume to GDP in Nepal, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 0.2% | — |
| 1992 | 0.2% | -5.5% |
| 1993 | 0.2% | -1.0% |
| 1994 | 0.2% | +15.0% |
| 1995 | 0.3% | +14.2% |
| 1996 | 0.3% | +16.6% |
| 1997 | 0.3% | -8.8% |
| 1998 | 0.3% | +11.0% |
| 1999 | 0.3% | -4.4% |
| 2000 | 0.3% | +3.4% |
| 2001 | 0.3% | +6.1% |
| 2002 | 0.5% | +34.5% |
| 2003 | 0.5% | -1.7% |
| 2004 | 0.4% | -5.3% |
| 2005 | 0.5% | +4.8% |
| 2006 | 0.4% | -4.5% |
| 2007 | 0.5% | +3.5% |
| 2008 | 0.5% | +5.4% |
| 2009 | 0.4% | -5.6% |
| 2010 | 0.5% | +21.8% |
| 2011 | 0.5% | -5.1% |
| 2012 | 0.5% | -0.7% |
| 2013 | 0.5% | +0.9% |
| 2014 | 0.5% | +1.8% |
| 2015 | 0.6% | +6.0% |
| 2016 | 0.7% | +18.6% |
| 2017 | 0.7% | +6.6% |
| 2018 | 0.7% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.2% | 0.3% | 9 |
| 2000s | 0.4% | 0.3% | 0.5% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 9 |
Countries ranked near Nepal
More financial sector data for Nepal
- Net domestic credit (current LCU), per capita 258,878 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 168.55 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.03 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 8.99 million SDR (2025)
- Gold reserves at market value 819.06 million SDR (2025)
- Reserves excluding gold, foreign exchange 14.47 billion SDR (2025)
- Reserves excluding gold 14.59 billion SDR (2025)
- Total reserves (gold at market value) 15.41 billion SDR (2025)
- Total reserves (gold at national valuation) 15.40 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 519.83 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Nepal?
- Non-life insurance premium volume to gdp in Nepal was 0.7% in 2018, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Nepal?
- The highest recorded value was 0.7% in 2018.
- What is the lowest non-life insurance premium volume to gdp recorded in Nepal?
- The lowest recorded value was 0.2% in 1993.
- How does Nepal rank for non-life insurance premium volume to gdp?
- Nepal ranks 107th out of 167 countries with data for 2018.
- Is non-life insurance premium volume to gdp rising or falling in Nepal?
- Over the last ten years it is up 53.3%. The long-run trend across the full record is rising.
- Where does this Nepal 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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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.