South Korea vs Singapore: Insurance company assets to GDP (%)
South Korea
73.6%
in 2020
Singapore
63.7%
in 2020
South Korea rank
13th
Singapore rank
16th
Insurance company assets to GDP (%) over time
- South Korea
- Singapore
How they compare
South Korea currently reports 73.6% against 63.7% in Singapore, a difference of 9.9%.
That makes South Korea's figure about 1.2 times Singapore's.
The two have swapped places 1 time across 19 shared years of data; in 2002 it was Singapore ahead.
South Korea ranks 13th and Singapore ranks 16th of 138 countries.
Across the 3 decades both report, South Korea averaged higher in 2 and Singapore in 1.
Head to head by decade
| Decade | South Korea | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.6% | 43.1% | 8.4% | Singapore |
| 2010s | 58.5% | 42.8% | 15.7% | South Korea |
| 2020s | 73.6% | 63.7% | 9.9% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance company assets to gdp, South Korea or Singapore?
- South Korea, at 73.6% against 63.7% in Singapore as of 2020.
- What is the difference in insurance company assets to gdp between South Korea and Singapore?
- 9.9%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Singapore?
- 19 years are reported by both, from 2002 to 2020.
- How do South Korea and Singapore rank globally for insurance company assets to gdp?
- South Korea ranks 13th and Singapore ranks 16th 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.
Individual pages
About this data
Data taken from a variety of sources such as AXCO and national sources.