Azerbaijan vs North Macedonia: Insurance company assets to GDP

Azerbaijan
3.2%
in 2020
North Macedonia
3.9%
in 2020
Azerbaijan rank
96th
North Macedonia rank
93rd

Insurance company assets to GDP over time

  • Azerbaijan
  • North Macedonia
1234200720132020

How they compare

North Macedonia currently reports 3.9% against 3.2% in Azerbaijan, a difference of 0.7%.

That makes North Macedonia's figure about 1.2 times Azerbaijan's.

Across all 13 years both countries report, North Macedonia has been ahead every year.

Azerbaijan ranks 96th and North Macedonia ranks 93rd of 138 countries.

North Macedonia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Azerbaijan North Macedonia Difference Ahead
2000s 0.7% 3.0% 2.3% North Macedonia
2010s 1.7% 3.0% 1.3% North Macedonia
2020s 3.2% 3.9% 0.7% North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance company assets to gdp, Azerbaijan or North Macedonia?
North Macedonia, at 3.9% against 3.2% in Azerbaijan as of 2020.
What is the difference in insurance company assets to gdp between Azerbaijan and North Macedonia?
0.7%, with North Macedonia ahead.
How many years of comparable data are there for Azerbaijan and North Macedonia?
13 years are reported by both, from 2008 to 2020.
How do Azerbaijan and North Macedonia rank globally for insurance company assets to gdp?
Azerbaijan ranks 96th and North Macedonia ranks 93rd 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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Azerbaijan vs North Macedonia: 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/azerbaijan/north-macedonia/

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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.