Insurance company assets to GDP in Colombia
Colombia: Insurance company assets to GDP was 9.1% in 2020. ▲ Rising
Insurance company assets to GDP in Colombia, 1997–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Colombia stood at 9.1%. That is the highest value across all 24 years on record.
That represents a change of up 14.6% on the previous year and up 63.7% over ten years.
Over the whole period, insurance company assets to gdp in Colombia peaked at 9.1% in 2020 and was at its lowest, 2.6%, in 2000.
Colombia ranks 56th of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Insurance company assets to GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 4.1% | — |
| 1998 | 3.0% | -26.1% |
| 1999 | 3.2% | +5.7% |
| 2000 | 2.6% | -16.9% |
| 2001 | 3.0% | +12.6% |
| 2002 | 3.3% | +11.9% |
| 2003 | 3.4% | +3.6% |
| 2004 | 3.5% | +1.6% |
| 2005 | 4.1% | +18.1% |
| 2006 | 3.8% | -7.6% |
| 2007 | 3.8% | +0.2% |
| 2008 | 6.1% | +59.1% |
| 2009 | 6.5% | +6.6% |
| 2010 | 5.6% | -13.8% |
| 2011 | 5.4% | -2.4% |
| 2012 | 5.7% | +4.9% |
| 2013 | 6.0% | +5.3% |
| 2014 | 6.2% | +3.9% |
| 2015 | 6.3% | +1.1% |
| 2016 | 6.7% | +6.9% |
| 2017 | 7.1% | +4.6% |
| 2018 | 7.8% | +11.2% |
| 2019 | 8.0% | +1.5% |
| 2020 | 9.1% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.4% | 3.0% | 4.1% | 3 |
| 2000s | 4.0% | 2.6% | 6.5% | 10 |
| 2010s | 6.5% | 5.4% | 8.0% | 10 |
| 2020s | 9.1% | 9.1% | 9.1% | 1 |
Countries ranked near Colombia
More financial sector data for Colombia
- Net domestic credit (current LCU), per capita 18.17 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,123 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.36 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 5.26 million SDR (2025)
- Gold reserves at market value 479.38 million SDR (2025)
- Reserves excluding gold, foreign exchange 44.54 billion SDR (2025)
- Reserves excluding gold 47.57 billion SDR (2025)
- Total reserves (gold at market value) 48.05 billion SDR (2025)
- Total reserves (gold at national valuation) 48.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 899.28 SDR per person (2025)
Frequently asked questions
- What is insurance company assets to gdp in Colombia?
- Insurance company assets to gdp in Colombia was 9.1% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Colombia?
- The highest recorded value was 9.1% in 2020.
- What is the lowest insurance company assets to gdp recorded in Colombia?
- The lowest recorded value was 2.6% in 2000.
- How does Colombia rank for insurance company assets to gdp?
- Colombia ranks 56th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Colombia?
- Over the last ten years it is up 63.7%. The long-run trend across the full record is rising.
- Where does this Colombia 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.