Non-life insurance premium volume to GDP in Rwanda

Rwanda: Non-life insurance premium volume to GDP was 1.7% in 2020. ◆ Volatile

Latest (2020)
1.7%
Change on year
up 2.2%
World rank
36th
of 167 countries
All-time high
1.7%
in 2020
All-time low
0.2%
in 2003
Years of data
20
2000–2020

Non-life insurance premium volume to GDP in Rwanda, 2000–2020

00.511.52000201020202000: 0.399 %2001: 0.372 %2002: 0.416 %2003: 0.21 %2004: 0.494 %2005: 0.414 %2006: 0.385 %2007: 0.382 %2008: 0.431 %2009: 0.306 %2010: 0.395 %2011: 0.624 %2013: 1.5 %2014: 1.6 %2015: 1.6 %2016: 1.6 %2017: 1.6 %2018: 1.6 %2019: 1.6 %2020: 1.7 %

Source: Sigma Reports, Swiss Re. Measured in %.

Analysis

The most recent figure for non-life insurance premium volume to gdp in Rwanda is 1.7%, measured in 2020. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 2.2% on the previous year and up 321.4% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Rwanda peaked at 1.7% in 2020 and was at its lowest, 0.2%, in 2003.

That places Rwanda 36th out of 167 countries with data for 2020, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Non-life insurance premium volume to GDP in Rwanda, year by year

Annual values for Non-life insurance premium volume to GDP (%) in Rwanda, 2000 to 2020.
Year % Change
2000 0.4%
2001 0.4% -6.8%
2002 0.4% +11.9%
2003 0.2% -49.5%
2004 0.5% +135.0%
2005 0.4% -16.0%
2006 0.4% -7.2%
2007 0.4% -0.7%
2008 0.4% +12.7%
2009 0.3% -28.9%
2010 0.4% +29.0%
2011 0.6% +58.0%
2013 1.5% +147.4%
2014 1.6% +1.6%
2015 1.6% +1.1%
2016 1.6% -0.7%
2017 1.6% +1.1%
2018 1.6% +3.3%
2019 1.6% -0.9%
2020 1.7% +2.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4% 0.2% 0.5% 10
2010s 1.4% 0.4% 1.6% 9
2020s 1.7% 1.7% 1.7% 1

Countries ranked near Rwanda

  1. 33 Croatia 1.8% compare
  2. 34 Honduras 1.7% compare
  3. 35 Cyprus 1.7% compare
  4. 37 Japan 1.7% compare
  5. 38 Czechia 1.7% compare
  6. 39 Uruguay 1.7% compare

See the full ranking of 167 places →

More financial sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is non-life insurance premium volume to gdp in Rwanda?
Non-life insurance premium volume to gdp in Rwanda was 1.7% in 2020, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Rwanda?
The highest recorded value was 1.7% in 2020.
What is the lowest non-life insurance premium volume to gdp recorded in Rwanda?
The lowest recorded value was 0.2% in 2003.
How does Rwanda rank for non-life insurance premium volume to gdp?
Rwanda ranks 36th out of 167 countries with data for 2020.
Is non-life insurance premium volume to gdp rising or falling in Rwanda?
Over the last ten years it is up 321.4%. The long-run trend across the full record is volatile.
Where does this Rwanda 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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Non-life insurance premium volume to GDP in Rwanda. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/rwanda/

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About this data

Indicator
Non-life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 4,353 data points, 1990–2020
Last refreshed

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.