Insurance company assets to GDP (%) by country

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

Countries reporting
138
Highest
198.7%
Luxembourg
Lowest
0.2%
Chad
Median
6.7%
Years covered
41
1980–2020
Data points
2,595

What the numbers show

Insurance company assets to GDP (%) is currently reported for 138 countries. The highest value is 198.7% in Luxembourg; the lowest is 0.2% in Chad.

The median across all reporting countries is 6.7%, and the mean is 21.7%.

The gap between the highest and lowest reporting country is a factor of about 834.

Over the past decade 111 countries rose and 25 fell. The largest increase was in Ukraine (up 1,807.0%), and the largest decrease in Australia (down 47.9%).

Insurance company assets to GDP: full country ranking

#Country LatestYear 10-year changeTrend
1 Luxembourg 198.7% 2004 up 129.5% rising
2 Taiwan, China 162.7% 2020 up 84.6% rising
3 France 132.0% 2020 up 39.0% rising
4 Denmark 127.8% 2020 up 15.8% rising
5 Sweden 112.5% 2020 up 34.0% rising
6 Malta 110.6% 2020 rising
7 United Kingdom of Great Britain and Northern Ireland 105.7% 2018 up 22.6% rising
8 Switzerland 100.9% 2020 up 44.8% rising
9 Ireland 91.4% 2020 down 32.0% rising
10 Canada 83.7% 2020 up 126.8% rising
11 Belgium 81.9% 2020 up 19.6% volatile
12 Japan 80.2% 2020 up 16.2% rising
13 Republic of Korea 73.6% 2020 up 66.5% rising
14 Netherlands 69.0% 2020 up 8.1% rising
15 Germany 67.9% 2020 up 16.7% rising
16 Singapore 63.7% 2020 up 53.2% rising
17 Italy 61.7% 2020 up 95.5% rising
18 South Africa 60.1% 2020 up 14.4% rising
19 United States of America 58.7% 2020 up 17.4% rising
20 Hong Kong, China 53.8% 2011 up 365.1% rising
21 Norway 53.2% 2020 up 31.1% rising
22 Ukraine 51.1% 2017 up 1,807.0% volatile
23 Israel 44.4% 2020 up 37.8% rising
24 Namibia 38.4% 2020 up 16.5% rising
25 Barbados 35.0% 2019 up 27.4% rising
26 Finland 33.2% 2020 up 17.8% rising
27 Spain 32.6% 2020 up 43.3% rising
28 Austria 30.5% 2020 down 12.2% rising
29 Chile 27.3% 2020 up 39.6% rising
30 Portugal 27.0% 2020 down 17.2% rising
31 Mauritius 25.3% 2020 down 11.9% rising
32 Trinidad and Tobago 24.2% 2020 up 73.7% falling
33 Thailand 23.7% 2018 up 122.9% rising
34 Jamaica 23.4% 2020 up 20.6% rising
35 China 22.7% 2020 up 84.0% rising
36 Malaysia 22.2% 2020 up 11.4% rising
37 Fiji 19.8% 2020 up 26.7% rising
38 Morocco 19.6% 2019 up 11.4% rising
39 India 18.9% 2019 up 18.7% rising
40 Lesotho 18.6% 2018 up 31.6% rising
41 Bahrain 17.3% 2019 up 30.1% volatile
42 Cyprus 17.3% 2020 up 21.4% rising
43 Brazil 17.2% 2020 up 93.3% rising
44 Slovenia 17.2% 2020 up 15.1% rising
45 Bahamas 15.8% 2018 up 29.9% rising
46 Australia 12.6% 2020 down 47.9% falling
47 Croatia 12.6% 2020 up 38.5% rising
48 Greece 11.8% 2020 up 80.7% rising
49 Suriname 11.7% 2018 up 135.9% rising
50 Philippines 10.8% 2020 up 72.7% rising
51 Botswana 10.6% 2018 down 38.5% flat
52 Uruguay 10.5% 2020 up 158.2% rising
53 Nepal 10.0% 2019 up 167.6% volatile
54 Malawi 10.0% 2020 up 43.8% rising
55 Lebanon 9.4% 2019 up 24.4% rising
56 Colombia 9.1% 2020 up 63.7% rising
57 Poland 8.8% 2020 down 12.3% rising
58 Czechia 8.7% 2020 down 18.9% rising
59 Peru 8.4% 2020 up 104.3% rising
60 Slovakia 8.3% 2020 down 17.2% rising
61 Viet Nam 7.7% 2019 up 63.1% rising
62 Mexico 7.6% 2020 up 56.0% rising
63 Guyana 7.6% 2020 up 68.0% falling
64 United Arab Emirates 7.3% 2019 up 82.8% rising
65 Costa Rica 7.1% 2020 up 21.6% volatile
66 Hungary 6.8% 2020 down 22.1% rising
67 New Zealand 6.8% 2020 down 25.5% falling
68 Panama 6.7% 2020 up 41.3% rising
69 Estonia 6.7% 2020 down 27.1% rising
70 Kenya 6.6% 2019 up 18.3% falling
71 Rwanda 6.5% 2020 up 41.9% rising
72 Brunei Darussalam 6.5% 2018 up 44.4% rising
73 Venezuela, Bolivarian Republic of 6.3% 2016 up 178.6% rising
74 Bulgaria 5.8% 2020 up 47.4% rising
75 Serbia 5.7% 2020 up 58.5% rising
76 Iceland 5.7% 2019 down 29.3% rising
77 Türkiye 5.7% 2020 up 88.2% volatile
78 Bosnia and Herzegovina 5.6% 2020 up 31.0% rising
79 Qatar 5.3% 2018 up 95.7% rising
80 Tunisia 5.1% 2017 up 770.6% volatile
81 Latvia 5.1% 2020 up 77.4% rising
82 Argentina 5.0% 2020 up 35.5% rising
83 Mozambique 4.9% 2020 up 95.9% rising
84 Cape Verde 4.9% 2020 up 140.9% rising
85 Lithuania 4.7% 2020 up 63.4% rising
86 Sri Lanka 4.6% 2020 up 34.3% rising
87 Pakistan 4.6% 2020 up 361.4% rising
88 Indonesia 4.6% 2020 up 35.0% rising
89 Oman 4.6% 2020 up 103.1% rising
90 Honduras 4.3% 2020 up 40.8% flat
91 Togo 4.2% 2018 up 168.7% rising
92 El Salvador 3.9% 2020 up 16.3% rising
93 North Macedonia 3.9% 2020 up 41.1% rising
94 Senegal 3.3% 2018 up 90.4% rising
95 Jordan 3.2% 2017 down 36.3% falling
96 Azerbaijan 3.2% 2020 up 460.8% volatile
97 Russian Federation 3.2% 2020 up 83.9% rising
98 Nicaragua 3.1% 2020 up 60.2% volatile
99 Burkina Faso 2.9% 2019 up 159.7% rising
100 Belarus 2.9% 2019 up 119.6% rising
101 Bolivia, Plurinational State of 2.7% 2019 down 29.9% falling
102 Saudi Arabia 2.6% 2020 up 75.2% rising
103 Bangladesh 2.6% 2016 up 38.9% rising
104 Côte d'Ivoire 2.5% 2018 down 0.7% rising
105 Albania 2.4% 2020 up 65.1% rising
106 Ghana 2.3% 2017 up 69.7% rising
107 Romania 2.2% 2020 down 31.7% falling
108 Kazakhstan 2.1% 2020 up 32.3% rising
109 Dominican Republic 2.0% 2019 up 36.0% rising
110 Ecuador 2.0% 2019 up 73.0% volatile
111 Guatemala 2.0% 2020 up 37.4% rising
112 Egypt 1.9% 2019 down 36.4% falling
113 Cameroon 1.9% 2018 up 25.7% rising
114 Georgia 1.9% 2020 down 9.8% falling
115 Gabon 1.8% 2017 up 33.8% rising
116 Paraguay 1.8% 2020 up 105.2% rising
117 Benin 1.7% 2019 up 19.2% rising
118 Republic of Moldova 1.5% 2019 down 42.0% falling
119 Zambia 1.5% 2020 up 34.2% rising
120 Algeria 1.5% 2017 up 75.5% rising
121 Uganda 1.4% 2020 up 79.5% rising
122 Madagascar 1.3% 2018 up 19.7% rising
123 Papua New Guinea 1.3% 2020 down 36.9% falling
124 Angola 1.3% 2018 up 58.9% volatile
125 Armenia 1.1% 2020 up 49.0% rising
126 Nigeria 1.0% 2019 down 20.9% rising
127 Mongolia 1.0% 2020 up 84.1% rising
128 Lao People's Democratic Republic 0.9% 2019 rising
129 Tanzania, United Republic of 0.8% 2020 up 3.6% flat
130 Kyrgyzstan 0.8% 2019 up 146.4% rising
131 Congo 0.8% 2018 up 83.2% rising
132 Ethiopia 0.7% 2017 down 15.9% falling
133 Gambia 0.7% 2018 down 32.1% falling
134 Niger 0.7% 2018 up 20.6% rising
135 Sudan 0.7% 2018 up 17.4% rising
136 Uzbekistan 0.6% 2018 down 9.2% falling
137 Mali 0.6% 2018 up 35.9% rising
138 Chad 0.2% 2018 up 133.8% falling

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Insurance company assets to GDP by country. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 26 August 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/

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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.