Non-life insurance premium volume to GDP in Sri Lanka
Sri Lanka: Non-life insurance premium volume to GDP was 0.6% in 2020. ▬ Flat
Non-life insurance premium volume to GDP in Sri Lanka, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Sri Lanka recorded 0.6% for non-life insurance premium volume to gdp in 2020.
The figure is down 1.4% on the previous year and up 6.7% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Sri Lanka peaked at 0.8% in 2005 and was at its lowest, 0.5%, in 2014.
That places Sri Lanka 118th out of 167 countries with data for 2020, putting it in the middle of the range.
Non-life insurance premium volume to GDP in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.6% | — |
| 1991 | 0.6% | -7.3% |
| 1992 | 0.6% | +0.4% |
| 1993 | 0.6% | +1.3% |
| 1994 | 0.6% | +1.9% |
| 1995 | 0.6% | +2.9% |
| 1996 | 0.7% | +12.4% |
| 1997 | 0.6% | -6.7% |
| 1998 | 0.6% | -5.7% |
| 1999 | 0.6% | +0.5% |
| 2000 | 0.6% | -2.4% |
| 2001 | 0.6% | -2.8% |
| 2002 | 0.6% | +10.2% |
| 2003 | 0.6% | +4.7% |
| 2004 | 0.7% | +9.7% |
| 2005 | 0.8% | +12.1% |
| 2006 | 0.8% | -3.4% |
| 2007 | 0.8% | -1.2% |
| 2008 | 0.7% | -10.1% |
| 2009 | 0.6% | -11.4% |
| 2010 | 0.5% | -9.7% |
| 2011 | 0.7% | +18.8% |
| 2012 | 0.5% | -19.6% |
| 2013 | 0.5% | -3.5% |
| 2014 | 0.5% | -0.3% |
| 2015 | 0.5% | +7.1% |
| 2016 | 0.6% | +4.8% |
| 2017 | 0.6% | +2.2% |
| 2018 | 0.6% | +1.7% |
| 2019 | 0.6% | +1.0% |
| 2020 | 0.6% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.6% | 0.7% | 10 |
| 2000s | 0.7% | 0.6% | 0.8% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Sri Lanka
- 115 Republic of Moldova 0.6% compare
- 116 Viet Nam 0.6% compare
- 117 Cameroon 0.6% compare
- 119 Togo 0.6% compare
- 120 Côte d'Ivoire 0.6% compare
- 121 Saudi Arabia 0.6% compare
More financial sector data for Sri Lanka
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1797 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1312 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1797 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 Sri Lanka?
- Non-life insurance premium volume to gdp in Sri Lanka was 0.6% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Sri Lanka?
- The highest recorded value was 0.8% in 2005.
- What is the lowest non-life insurance premium volume to gdp recorded in Sri Lanka?
- The lowest recorded value was 0.5% in 2014.
- How does Sri Lanka rank for non-life insurance premium volume to gdp?
- Sri Lanka ranks 118th out of 167 countries with data for 2020.
- Is non-life insurance premium volume to gdp rising or falling in Sri Lanka?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is flat.
- Where does this Sri Lanka 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.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.