Non-life insurance premium volume to GDP in Türkiye

Türkiye: Non-life insurance premium volume to GDP was 1.1% in 2020. ▲ Rising

Latest (2020)
1.1%
Change on year
up 18.2%
World rank
74th
of 167 countries
All-time high
1.1%
in 2020
All-time low
0.4%
in 1990
Years of data
31
1990–2020

Non-life insurance premium volume to GDP in Türkiye, 1990–2020

00.250.50.7511990200520201990: 0.431 %1991: 0.48 %1992: 0.568 %1993: 0.686 %1994: 0.679 %1995: 0.656 %1996: 0.657 %1997: 0.722 %1998: 0.546 %1999: 0.627 %2000: 0.713 %2001: 0.696 %2002: 0.684 %2003: 0.704 %2004: 0.783 %2005: 0.769 %2006: 0.86 %2007: 0.88 %2008: 0.842 %2009: 0.829 %2010: 0.811 %2011: 0.811 %2012: 0.858 %2013: 0.911 %2014: 0.866 %2015: 0.91 %2016: 1.1 %2017: 0.95 %2018: 0.921 %2019: 0.937 %2020: 1.1 %

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

Analysis

In 2020, non-life insurance premium volume to gdp in Türkiye stood at 1.1%. That is the highest value across all 31 years on record.

That represents a change of up 18.2% on the previous year and up 36.6% over ten years.

Over the whole period, non-life insurance premium volume to gdp in Türkiye peaked at 1.1% in 2020 and was at its lowest, 0.4%, in 1990.

Türkiye ranks 74th of 167 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

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

Annual values for Non-life insurance premium volume to GDP (%) in Türkiye, 1990 to 2020.
Year % Change
1990 0.4%
1991 0.5% +11.3%
1992 0.6% +18.3%
1993 0.7% +20.9%
1994 0.7% -1.0%
1995 0.7% -3.5%
1996 0.7% +0.2%
1997 0.7% +10.0%
1998 0.5% -24.4%
1999 0.6% +15.0%
2000 0.7% +13.7%
2001 0.7% -2.4%
2002 0.7% -1.7%
2003 0.7% +2.8%
2004 0.8% +11.2%
2005 0.8% -1.8%
2006 0.9% +11.9%
2007 0.9% +2.3%
2008 0.8% -4.3%
2009 0.8% -1.5%
2010 0.8% -2.2%
2011 0.8% +0.0%
2012 0.9% +5.8%
2013 0.9% +6.2%
2014 0.9% -5.0%
2015 0.9% +5.1%
2016 1.1% +16.7%
2017 0.9% -10.6%
2018 0.9% -3.0%
2019 0.9% +1.7%
2020 1.1% +18.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6% 0.4% 0.7% 10
2000s 0.8% 0.7% 0.9% 10
2010s 0.9% 0.8% 1.1% 10
2020s 1.1% 1.1% 1.1% 1

Countries ranked near Türkiye

  1. 71 Nicaragua 1.2% compare
  2. 72 Mozambique 1.1% compare
  3. 73 Djibouti 1.1% compare
  4. 75 Jordan 1.1% compare
  5. 76 Lesotho 1.1% compare
  6. 77 North Macedonia 1.1% compare

See the full ranking of 167 places →

More financial sector data for Türkiye

All data for Türkiye →

Frequently asked questions

What is non-life insurance premium volume to gdp in Türkiye?
Non-life insurance premium volume to gdp in Türkiye was 1.1% in 2020, according to Sigma Reports, Swiss Re.
What is the highest non-life insurance premium volume to gdp recorded in Türkiye?
The highest recorded value was 1.1% in 2020.
What is the lowest non-life insurance premium volume to gdp recorded in Türkiye?
The lowest recorded value was 0.4% in 1990.
How does Türkiye rank for non-life insurance premium volume to gdp?
Türkiye ranks 74th out of 167 countries with data for 2020.
Is non-life insurance premium volume to gdp rising or falling in Türkiye?
Over the last ten years it is up 36.6%. The long-run trend across the full record is rising.
Where does this Türkiye 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 Türkiye. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/non-life-insurance-premium-volume-to-gdp-percent/turkiye/

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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.