Non-life insurance premium volume to GDP in Romania
Romania: Non-life insurance premium volume to GDP was 0.8% in 2020. ▲ Rising
Non-life insurance premium volume to GDP in Romania, 1995–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for non-life insurance premium volume to gdp in Romania is 0.8%, measured in 2020.
The figure is up 7.2% on the previous year and down 31.6% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Romania peaked at 1.3% in 2009 and was at its lowest, 0.3%, in 1995.
Romania ranks 95th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Non-life insurance premium volume to GDP in Romania, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.3% | — |
| 1996 | 0.4% | +30.9% |
| 1997 | 0.5% | +12.1% |
| 1998 | 0.6% | +25.4% |
| 1999 | 0.7% | +14.4% |
| 2000 | 0.7% | +1.6% |
| 2001 | 0.6% | -3.4% |
| 2002 | 0.8% | +18.4% |
| 2003 | 0.9% | +20.2% |
| 2004 | 1.0% | +7.7% |
| 2005 | 1.1% | +16.1% |
| 2006 | 1.3% | +13.2% |
| 2007 | 1.3% | +1.7% |
| 2008 | 1.3% | -2.2% |
| 2009 | 1.3% | +4.3% |
| 2010 | 1.2% | -8.1% |
| 2011 | 1.1% | -13.6% |
| 2012 | 1.0% | -2.7% |
| 2013 | 1.0% | -5.0% |
| 2014 | 0.9% | -5.5% |
| 2015 | 0.9% | +1.9% |
| 2016 | 1.0% | +3.1% |
| 2017 | 0.9% | -11.7% |
| 2018 | 0.8% | -6.9% |
| 2019 | 0.8% | -2.1% |
| 2020 | 0.8% | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.3% | 0.7% | 5 |
| 2000s | 1.0% | 0.6% | 1.3% | 10 |
| 2010s | 1.0% | 0.8% | 1.2% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Romania
More financial sector data for Romania
- Net domestic credit (current LCU), per capita 31,766 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 8.52 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 116.61 million SDR (2025)
- Gold reserves at market value 10.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 52.83 billion SDR (2025)
- Reserves excluding gold 55.56 billion SDR (2025)
- Total reserves (gold at market value) 66.19 billion SDR (2025)
- Total reserves (gold at national valuation) 66.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,472 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Romania?
- Non-life insurance premium volume to gdp in Romania was 0.8% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Romania?
- The highest recorded value was 1.3% in 2009.
- What is the lowest non-life insurance premium volume to gdp recorded in Romania?
- The lowest recorded value was 0.3% in 1995.
- How does Romania rank for non-life insurance premium volume to gdp?
- Romania ranks 95th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Romania?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is rising.
- Where does this Romania 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.