Non-life insurance premium volume to GDP in Serbia
Serbia: Non-life insurance premium volume to GDP was 1.4% in 2020. ▼ Falling
Non-life insurance premium volume to GDP in Serbia, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Serbia recorded 1.4% for non-life insurance premium volume to gdp in 2020.
The figure is up 1.5% on the previous year and up 5.3% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Serbia peaked at 2.0% in 2001 and was at its lowest, 1.1%, in 2013.
That places Serbia 57th out of 167 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Non-life insurance premium volume to GDP in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 1.6% | — |
| 1998 | 1.1% | -33.4% |
| 1999 | 2.0% | +82.4% |
| 2000 | 1.8% | -8.8% |
| 2001 | 2.0% | +9.7% |
| 2002 | 1.9% | -5.3% |
| 2003 | 1.7% | -9.6% |
| 2004 | 1.2% | -27.2% |
| 2005 | 1.5% | +22.9% |
| 2006 | 1.4% | -8.0% |
| 2007 | 1.4% | -1.0% |
| 2008 | 1.4% | -0.1% |
| 2009 | 1.3% | -5.2% |
| 2010 | 1.3% | -3.2% |
| 2011 | 1.1% | -10.8% |
| 2012 | 1.1% | -0.6% |
| 2013 | 1.1% | -7.5% |
| 2014 | 1.1% | +6.1% |
| 2015 | 1.2% | +12.0% |
| 2016 | 1.3% | +1.6% |
| 2017 | 1.3% | +2.4% |
| 2018 | 1.3% | +2.3% |
| 2019 | 1.3% | +0.1% |
| 2020 | 1.4% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.1% | 2.0% | 3 |
| 2000s | 1.6% | 1.2% | 2.0% | 10 |
| 2010s | 1.2% | 1.1% | 1.3% | 10 |
| 2020s | 1.4% | 1.4% | 1.4% | 1 |
Countries ranked near Serbia
More financial sector data for Serbia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Serbia?
- Non-life insurance premium volume to gdp in Serbia was 1.4% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Serbia?
- The highest recorded value was 2.0% in 2001.
- What is the lowest non-life insurance premium volume to gdp recorded in Serbia?
- The lowest recorded value was 1.1% in 2013.
- How does Serbia rank for non-life insurance premium volume to gdp?
- Serbia ranks 57th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Serbia?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is falling.
- Where does this Serbia 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.