Armenia vs Nigeria: Insurance company assets to GDP

Armenia
1.1%
in 2020
Nigeria
1.0%
in 2019
Armenia rank
125th
Nigeria rank
126th

Insurance company assets to GDP over time

  • Armenia
  • Nigeria
0.250.50.7511.21.5200220112020

How they compare

Armenia currently reports 1.1% against 1.0% in Nigeria, a difference of 0.1%.

That makes Armenia's figure about 1.1 times Nigeria's.

The two have swapped places 2 times across 13 shared years of data; in 2006 it was Nigeria ahead.

Armenia ranks 125th and Nigeria ranks 126th of 138 countries.

Nigeria has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Armenia Nigeria Difference Ahead
2000s 0.4% 1.3% 0.9% Nigeria
2010s 0.9% 1.0% 0.1% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance company assets to gdp, Armenia or Nigeria?
Armenia, at 1.1% against 1.0% in Nigeria as of 2020.
What is the difference in insurance company assets to gdp between Armenia and Nigeria?
0.1%, with Armenia ahead.
How many years of comparable data are there for Armenia and Nigeria?
13 years are reported by both, from 2006 to 2019.
How do Armenia and Nigeria rank globally for insurance company assets to gdp?
Armenia ranks 125th and Nigeria ranks 126th of 138 countries.
Where does this data come from?
Nonbanking financial database, World Bank, published as Insurance company assets to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Nigeria: Insurance company assets to GDP. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/insurance-company-assets-to-gdp-percent/armenia/nigeria/

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About this data

Indicator
Insurance company assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
138 places, 2,595 data points, 1980–2020
Last refreshed

Data taken from a variety of sources such as AXCO and national sources.