Insurance company assets to GDP (%) in Azerbaijan
Azerbaijan: Insurance company assets to GDP (%) was 3.2% in 2020. ◆ Volatile
Insurance company assets to GDP in Azerbaijan, 2007–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Azerbaijan recorded 3.2% for insurance company assets to gdp in 2020. That is the highest value across all 14 years on record.
That represents a change of up 10.2% on the previous year and up 460.8% over ten years.
Over the whole period, insurance company assets to gdp in Azerbaijan peaked at 3.2% in 2020 and was at its lowest, 0.5%, in 2007.
Azerbaijan ranks 96th of 138 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance company assets to GDP (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 0.5% | — |
| 2008 | 0.6% | +19.4% |
| 2009 | 0.8% | +19.0% |
| 2010 | 0.6% | -26.0% |
| 2011 | 0.7% | +21.4% |
| 2012 | 0.9% | +33.7% |
| 2013 | 1.0% | +6.7% |
| 2014 | 1.2% | +19.0% |
| 2015 | 1.9% | +62.5% |
| 2016 | 2.7% | +42.8% |
| 2017 | 2.5% | -9.6% |
| 2018 | 2.6% | +5.2% |
| 2019 | 2.9% | +12.0% |
| 2020 | 3.2% | +10.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 3.2% is below the median for upper middle income countries, which is 4.9%, 65% of the median. (40 countries reporting)
- Azerbaijan's 3.2% is below the median for Europe & Central Asia, which is 8.7%, 37% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.5% | 0.8% | 3 |
| 2010s | 1.7% | 0.6% | 2.9% | 10 |
| 2020s | 3.2% | 3.2% | 3.2% | 1 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Azerbaijan?
- Insurance company assets to gdp in Azerbaijan was 3.2% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Azerbaijan?
- The highest recorded value was 3.2% in 2020.
- What is the lowest insurance company assets to gdp recorded in Azerbaijan?
- The lowest recorded value was 0.5% in 2007.
- How does Azerbaijan rank for insurance company assets to gdp?
- Azerbaijan ranks 96th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 460.8%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan 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.