Non-life insurance premium volume to GDP in Portugal
Portugal: Non-life insurance premium volume to GDP was 2.0% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Portugal, 1991–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Portugal is 2.0%, measured in 2020.
That represents a change of up 21.9% on the previous year and up 22.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Portugal peaked at 2.4% in 2003 and was at its lowest, 1.6%, in 2016.
That places Portugal 25th out of 167 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Non-life insurance premium volume to GDP in Portugal, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.6% | — |
| 1992 | 1.7% | +5.5% |
| 1993 | 2.0% | +15.2% |
| 1994 | 2.1% | +4.8% |
| 1995 | 2.1% | +0.1% |
| 1996 | 2.1% | +4.3% |
| 1997 | 2.1% | -2.6% |
| 1998 | 2.1% | -1.6% |
| 1999 | 1.8% | -14.6% |
| 2000 | 1.8% | +0.2% |
| 2001 | 1.8% | +0.3% |
| 2002 | 2.4% | +34.1% |
| 2003 | 2.4% | +1.6% |
| 2004 | 2.4% | -1.0% |
| 2005 | 2.3% | -2.4% |
| 2006 | 2.2% | -3.9% |
| 2007 | 2.0% | -10.2% |
| 2008 | 1.9% | -6.8% |
| 2009 | 1.8% | -3.9% |
| 2010 | 1.7% | -7.0% |
| 2011 | 1.7% | +1.4% |
| 2012 | 1.7% | +1.4% |
| 2013 | 1.6% | -5.4% |
| 2014 | 1.6% | -1.8% |
| 2015 | 1.7% | +4.6% |
| 2016 | 1.6% | -5.7% |
| 2017 | 1.7% | +10.4% |
| 2018 | 1.6% | -5.5% |
| 2019 | 1.7% | +2.1% |
| 2020 | 2.0% | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.9% | 1.6% | 2.1% | 9 |
| 2000s | 2.1% | 1.8% | 2.4% | 10 |
| 2010s | 1.7% | 1.6% | 1.7% | 10 |
| 2020s | 2.0% | 2.0% | 2.0% | 1 |
Countries ranked near Portugal
More financial sector data for Portugal
- Reserve position in the IMF, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 67.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 13.63 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 49.04 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 67.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 13.63 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Portugal?
- Non-life insurance premium volume to gdp in Portugal was 2.0% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Portugal?
- The highest recorded value was 2.4% in 2003.
- What is the lowest non-life insurance premium volume to gdp recorded in Portugal?
- The lowest recorded value was 1.6% in 2016.
- How does Portugal rank for non-life insurance premium volume to gdp?
- Portugal ranks 25th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Portugal?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is falling.
- Where does this Portugal 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.