Non-life insurance premium volume to GDP in Sweden
Sweden: Non-life insurance premium volume to GDP was 1.5% in 2019. ▼ Falling
Non-life insurance premium volume to GDP in Sweden, 1991–2019
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2019, non-life insurance premium volume to gdp in Sweden stood at 1.5%.
The figure is up 0.3% on the previous year and down 2.2% over ten years.
Over the whole period, non-life insurance premium volume to gdp in Sweden peaked at 1.9% in 1992 and was at its lowest, 1.3%, in 2000.
That places Sweden 49th out of 167 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Non-life insurance premium volume to GDP in Sweden, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.9% | — |
| 1992 | 1.9% | +3.4% |
| 1993 | 1.8% | -5.4% |
| 1994 | 1.8% | -0.8% |
| 1995 | 1.7% | -7.5% |
| 1996 | 1.6% | -6.4% |
| 1997 | 1.4% | -7.7% |
| 1998 | 1.3% | -7.0% |
| 1999 | 1.3% | -0.8% |
| 2000 | 1.3% | -0.1% |
| 2001 | 1.4% | +4.8% |
| 2002 | 1.5% | +8.6% |
| 2003 | 1.7% | +11.1% |
| 2004 | 1.7% | -0.6% |
| 2005 | 1.7% | +4.1% |
| 2006 | 1.7% | -4.7% |
| 2007 | 1.6% | -4.3% |
| 2008 | 1.5% | -3.5% |
| 2009 | 1.6% | +1.6% |
| 2010 | 1.5% | -2.0% |
| 2011 | 1.5% | -0.8% |
| 2012 | 1.5% | +0.4% |
| 2013 | 1.6% | +2.3% |
| 2014 | 1.6% | +0.2% |
| 2015 | 1.5% | -1.4% |
| 2016 | 1.5% | -0.7% |
| 2017 | 1.5% | -1.2% |
| 2018 | 1.5% | +0.7% |
| 2019 | 1.5% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.3% | 1.9% | 9 |
| 2000s | 1.6% | 1.3% | 1.7% | 10 |
| 2010s | 1.5% | 1.5% | 1.6% | 10 |
Countries ranked near Sweden
- 46 Iran, Islamic Republic of 1.5% compare
- 47 Chile 1.5% compare
- 48 Bosnia and Herzegovina 1.5% compare
- 50 Seychelles 1.5% compare
- 51 Ecuador 1.5% compare
- 52 Mauritius 1.4% compare
More financial sector data for Sweden
- Net domestic credit (current LCU), per capita 966,527 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 16.89 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -2.36 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 141.47 million SDR (2025)
- Gold reserves at market value 12.89 billion SDR (2025)
- Reserves excluding gold, foreign exchange 33.12 billion SDR (2025)
- Reserves excluding gold 41.29 billion SDR (2025)
- Total reserves (gold at market value) 54.18 billion SDR (2025)
- Total reserves (gold at national valuation) 54.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,100 SDR per person (2025)
Frequently asked questions
- What is non-life insurance premium volume to gdp in Sweden?
- Non-life insurance premium volume to gdp in Sweden was 1.5% in 2019, according to Sigma Reports, Swiss Re.
- What is the highest non-life insurance premium volume to gdp recorded in Sweden?
- The highest recorded value was 1.9% in 1992.
- What is the lowest non-life insurance premium volume to gdp recorded in Sweden?
- The lowest recorded value was 1.3% in 2000.
- How does Sweden rank for non-life insurance premium volume to gdp?
- Sweden ranks 49th out of 167 countries with data for 2019.
- Is non-life insurance premium volume to gdp rising or falling in Sweden?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is falling.
- Where does this Sweden 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.