Insurance company assets to GDP in China
China: Insurance company assets to GDP was 22.7% in 2020. ▲ Rising
Insurance company assets to GDP in China, 2004–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in China stood at 22.7%. That is the highest value across all 17 years on record.
The figure is up 9.8% on the previous year and up 84.0% over ten years.
Over the whole period, insurance company assets to gdp in China peaked at 22.7% in 2020 and was at its lowest, 7.3%, in 2004.
That places China 35th out of 138 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Insurance company assets to GDP in China, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 7.3% | — |
| 2005 | 8.1% | +10.4% |
| 2006 | 9.0% | +10.7% |
| 2007 | 10.7% | +19.3% |
| 2008 | 10.5% | -2.0% |
| 2009 | 11.7% | +11.2% |
| 2010 | 12.4% | +5.7% |
| 2011 | 12.4% | +0.5% |
| 2012 | 13.6% | +9.8% |
| 2013 | 13.9% | +1.9% |
| 2014 | 15.7% | +13.0% |
| 2015 | 17.9% | +13.7% |
| 2016 | 20.3% | +13.5% |
| 2017 | 20.2% | -0.3% |
| 2018 | 19.8% | -2.1% |
| 2019 | 20.7% | +4.7% |
| 2020 | 22.7% | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.6% | 7.3% | 11.7% | 6 |
| 2010s | 16.7% | 12.4% | 20.7% | 10 |
| 2020s | 22.7% | 22.7% | 22.7% | 1 |
Countries ranked near China
More financial sector data for China
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.1486 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1258 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,743 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.1047 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,778 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.29 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,946 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.17 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,944 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 8.42 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in China?
- Insurance company assets to gdp in China was 22.7% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in China?
- The highest recorded value was 22.7% in 2020.
- What is the lowest insurance company assets to gdp recorded in China?
- The lowest recorded value was 7.3% in 2004.
- How does China rank for insurance company assets to gdp?
- China ranks 35th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in China?
- Over the last ten years it is up 84.0%. The long-run trend across the full record is rising.
- Where does this China 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.