Share of insurance sector profits to GDP 2003-2018

Published by
Manya Rathore,
Nov 26, 2024
As of 2018, the ratio of profits from the insurance sector to India's GDP stood at around 0.04 percent. This was the same as in 2013, indicating a stand-still in the insurance sector. Overall, India’s corporate profit to GDP ratio dropped from 7.8 percent to three percent between 2008 and 2018.

Ratio of profits from the insurance sector to the GDP in India from 2003 to 2018

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Release date

January 2019

Region

India

Survey time period

2003 to 2018

Special properties

data represents corporate sector only

Supplementary notes

Note: The source has used the NIFTY-500 index as a proxy for corporate earnings since it contributes to 93 percent of India's market-cap.

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