Non-life insurance premium volume to GDP in New Zealand
New Zealand: Non-life insurance premium volume to GDP was 2.1% in 2019. ▬ Flat
Non-life insurance premium volume to GDP in New Zealand, 1991–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, non-life insurance premium volume to gdp in New Zealand stood at 2.1%.
Compared with earlier readings it is up 1.5% on the previous year and up 22.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in New Zealand peaked at 2.2% in 1994 and was at its lowest, 1.4%, in 2001.
New Zealand ranks 24th of 167 countries on this measure, in the top quarter.
Non-life insurance premium volume to GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.9% | — |
| 1992 | 1.9% | +4.2% |
| 1993 | 2.2% | +11.9% |
| 1994 | 2.2% | +3.5% |
| 1995 | 2.2% | -0.9% |
| 1996 | 2.2% | -1.3% |
| 1997 | 2.1% | -2.0% |
| 1998 | 2.1% | -4.4% |
| 1999 | 2.0% | -3.4% |
| 2000 | 1.4% | -27.0% |
| 2001 | 1.4% | -1.7% |
| 2002 | 1.6% | +12.5% |
| 2003 | 1.8% | +9.9% |
| 2004 | 1.7% | -2.5% |
| 2005 | 1.7% | -1.7% |
| 2006 | 1.6% | -3.9% |
| 2007 | 1.6% | -0.0% |
| 2008 | 1.6% | +1.7% |
| 2009 | 1.7% | +4.0% |
| 2010 | 1.7% | +0.0% |
| 2011 | 1.9% | +8.9% |
| 2012 | 2.0% | +5.9% |
| 2013 | 2.1% | +5.1% |
| 2014 | 2.1% | +0.6% |
| 2015 | 2.0% | -3.5% |
| 2016 | 1.9% | -4.3% |
| 2017 | 2.0% | +3.3% |
| 2018 | 2.1% | +3.5% |
| 2019 | 2.1% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1% | 1.9% | 2.2% | 9 |
| 2000s | 1.6% | 1.4% | 1.8% | 10 |
| 2010s | 2.0% | 1.7% | 2.1% | 10 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in New Zealand?
- Non-life insurance premium volume to gdp in New Zealand was 2.1% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in New Zealand?
- The highest recorded value was 2.2% in 1994.
- What is the lowest non-life insurance premium volume to gdp recorded in New Zealand?
- The lowest recorded value was 1.4% in 2001.
- How does New Zealand rank for non-life insurance premium volume to gdp?
- New Zealand ranks 24th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in New Zealand?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is flat.
- Where does this New Zealand 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.