Insurance company assets to GDP in Albania
Albania: Insurance company assets to GDP was 2.4% in 2020. ▲ Rising
Insurance company assets to GDP in Albania, 2004–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Albania recorded 2.4% for insurance company assets to gdp in 2020. That is the highest value across all 16 years on record.
The figure is up 4.8% on the previous year and up 65.1% over ten years.
Over the whole period, insurance company assets to gdp in Albania peaked at 2.4% in 2020 and was at its lowest, 1.1%, in 2004.
Albania ranks 105th of 138 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Insurance company assets to GDP in Albania, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 1.1% | — |
| 2006 | 1.3% | +15.2% |
| 2007 | 1.4% | +5.4% |
| 2008 | 1.4% | +3.8% |
| 2009 | 1.4% | -1.3% |
| 2010 | 1.5% | +2.6% |
| 2011 | 1.5% | +2.3% |
| 2012 | 1.5% | +2.5% |
| 2013 | 1.6% | +6.0% |
| 2014 | 1.8% | +8.3% |
| 2015 | 1.9% | +9.9% |
| 2016 | 2.0% | +3.8% |
| 2017 | 2.0% | -1.3% |
| 2018 | 1.9% | -2.4% |
| 2019 | 2.3% | +19.1% |
| 2020 | 2.4% | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.1% | 1.4% | 5 |
| 2010s | 1.8% | 1.5% | 2.3% | 10 |
| 2020s | 2.4% | 2.4% | 2.4% | 1 |
Countries ranked near Albania
- 102 Saudi Arabia 2.6% compare
- 103 Bangladesh 2.6% compare
- 104 Côte d'Ivoire 2.5% compare
- 106 Ghana 2.3% compare
- 107 Romania 2.2% compare
- 108 Kazakhstan 2.1% compare
More financial sector data for Albania
- Net domestic credit (current LCU), per capita 558,173 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 49.07 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 8.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 4.20 million SDR (2025)
- Gold reserves at market value 382.72 million SDR (2025)
- Reserves excluding gold, foreign exchange 5.67 billion SDR (2025)
- Reserves excluding gold 5.90 billion SDR (2025)
- Total reserves (gold at market value) 6.28 billion SDR (2025)
- Total reserves (gold at national valuation) 6.27 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,667 SDR per person (2025)
Frequently asked questions
- What is insurance company assets to gdp in Albania?
- Insurance company assets to gdp in Albania was 2.4% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Albania?
- The highest recorded value was 2.4% in 2020.
- What is the lowest insurance company assets to gdp recorded in Albania?
- The lowest recorded value was 1.1% in 2004.
- How does Albania rank for insurance company assets to gdp?
- Albania ranks 105th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Albania?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Data taken from a variety of sources such as AXCO and national sources.