Which has higher insurance company assets to gdp, Iceland or Venezuela, Bolivarian Republic of?

Venezuela, Bolivarian Republic of, at 6.3% against 5.7% in Iceland as of 2016.

What is the difference in insurance company assets to gdp between Iceland and Venezuela, Bolivarian Republic of?

0.6%, with Venezuela, Bolivarian Republic of ahead.

How many years of comparable data are there for Iceland and Venezuela, Bolivarian Republic of?

15 years are reported by both, from 2002 to 2016.

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.

Iceland vs Venezuela, Bolivarian Republic of: Insurance company assets to GDP

Iceland

5.7%

in 2019

Venezuela, Bolivarian Republic of

6.3%

in 2016

Iceland rank

76th

Venezuela, Bolivarian Republic of rank

73rd

Insurance company assets to GDP over time

Iceland
Venezuela, Bolivarian Republic of

How they compare

Venezuela, Bolivarian Republic of currently reports 6.3% against 5.7% in Iceland, a difference of 0.6%.

That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 15 shared years of data; in 2002 it was Iceland ahead.

Iceland ranks 76th and Venezuela, Bolivarian Republic of ranks 73rd of 138 countries.

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

Head to head by decade

Decade	Iceland	Venezuela, Bolivarian Republic of	Difference	Ahead
2000s	5.9%	2.4%	3.5%	Iceland
2010s	7.7%	4.5%	3.2%	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance company assets to gdp, Iceland or Venezuela, Bolivarian Republic of?: Venezuela, Bolivarian Republic of, at 6.3% against 5.7% in Iceland as of 2016.
What is the difference in insurance company assets to gdp between Iceland and Venezuela, Bolivarian Republic of?: 0.6%, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Iceland and Venezuela, Bolivarian Republic of?: 15 years are reported by both, from 2002 to 2016.
How do Iceland and Venezuela, Bolivarian Republic of rank globally for insurance company assets to gdp?: Iceland ranks 76th and Venezuela, Bolivarian Republic of ranks 73rd 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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Iceland vs Venezuela, Bolivarian Republic of: Insurance company assets to GDP. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/insurance-company-assets-to-gdp-percent/iceland/venezuela-rb/

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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: 04 September 2026

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