Canada vs Republic of Korea: Insurance company assets to GDP

Canada
83.7%
in 2020
Republic of Korea
73.6%
in 2020
Canada rank
10th
Republic of Korea rank
13th

Insurance company assets to GDP over time

  • Canada
  • Republic of Korea
20406080200220112020

How they compare

Canada currently reports 83.7% against 73.6% in Republic of Korea, a difference of 10.1%.

That makes Canada's figure about 1.1 times Republic of Korea's.

The two have swapped places 1 time across 18 shared years of data; in 2003 it was Republic of Korea ahead.

Canada ranks 10th and Republic of Korea ranks 13th of 138 countries.

Across the 3 decades both report, Canada averaged higher in 2 and Republic of Korea in 1.

Head to head by decade

Decade Canada Republic of Korea Difference Ahead
2000s 29.1% 35.4% 6.3% Republic of Korea
2010s 66.9% 58.5% 8.4% Canada
2020s 83.7% 73.6% 10.1% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance company assets to gdp, Canada or Republic of Korea?
Canada, at 83.7% against 73.6% in Republic of Korea as of 2020.
What is the difference in insurance company assets to gdp between Canada and Republic of Korea?
10.1%, with Canada ahead.
How many years of comparable data are there for Canada and Republic of Korea?
18 years are reported by both, from 2003 to 2020.
How do Canada and Republic of Korea rank globally for insurance company assets to gdp?
Canada ranks 10th and Republic of Korea ranks 13th 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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Canada vs Republic of Korea: Insurance company assets to GDP. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/insurance-company-assets-to-gdp-percent/canada/korea-rep/

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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.