Singapore vs South Africa: Insurance company assets to GDP

Singapore
63.7%
in 2020
South Africa
60.1%
in 2020
Singapore rank
16th
South Africa rank
18th

Insurance company assets to GDP over time

  • Singapore
  • South Africa
204060199020052020

How they compare

Singapore currently reports 63.7% against 60.1% in South Africa, a difference of 3.6%.

That makes Singapore's figure about 1.1 times South Africa's.

The two have swapped places 3 times across 20 shared years of data; in 2000 it was South Africa ahead.

Singapore ranks 16th and South Africa ranks 18th of 138 countries.

Across the 3 decades both report, Singapore averaged higher in 2 and South Africa in 1.

Head to head by decade

Decade Singapore South Africa Difference Ahead
2000s 40.6% 35.7% 4.9% Singapore
2010s 42.8% 57.8% 15.1% South Africa
2020s 63.7% 60.1% 3.6% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance company assets to gdp, Singapore or South Africa?
Singapore, at 63.7% against 60.1% in South Africa as of 2020.
What is the difference in insurance company assets to gdp between Singapore and South Africa?
3.6%, with Singapore ahead.
How many years of comparable data are there for Singapore and South Africa?
20 years are reported by both, from 2000 to 2020.
How do Singapore and South Africa rank globally for insurance company assets to gdp?
Singapore ranks 16th and South Africa ranks 18th 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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Singapore vs South Africa: Insurance company assets to GDP. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/insurance-company-assets-to-gdp-percent/singapore/south-africa/

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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.