Insurance company assets to GDP (%) in Ecuador
Ecuador: Insurance company assets to GDP (%) was 2.0% in 2019. ◆ Volatile
Insurance company assets to GDP in Ecuador, 2002–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Ecuador is 2.0%, measured in 2019.
That represents a change of down 0.6% on the previous year and up 73.0% over ten years.
Over the whole period, insurance company assets to gdp in Ecuador peaked at 2.3% in 2016 and was at its lowest, 0.4%, in 2006.
That places Ecuador 110th out of 138 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance company assets to GDP (%) in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 0.5% | — |
| 2003 | 0.4% | -6.0% |
| 2004 | 0.4% | +2.3% |
| 2005 | 0.4% | -2.4% |
| 2006 | 0.4% | -1.0% |
| 2007 | 0.5% | +8.4% |
| 2008 | 1.1% | +125.6% |
| 2009 | 1.2% | +9.3% |
| 2010 | 1.2% | +5.9% |
| 2011 | 1.3% | +8.1% |
| 2012 | 1.5% | +17.0% |
| 2013 | 1.7% | +12.2% |
| 2014 | 1.8% | +5.4% |
| 2015 | 2.0% | +11.5% |
| 2016 | 2.3% | +14.3% |
| 2017 | 2.2% | -5.1% |
| 2018 | 2.0% | -9.0% |
| 2019 | 2.0% | -0.6% |
Ecuador compared with similar countries
- Ecuador's 2.0% is below the median for upper middle income countries, which is 4.9%, 40% of the median. (40 countries reporting)
- Ecuador's 2.0% is below the median for Latin America & Caribbean, which is 7.3%, 27% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Insurance company assets to GDP (%) in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +125.6% | 0.5% | 1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.4% | 1.2% | 8 |
| 2010s | 1.8% | 1.2% | 2.3% | 10 |
Countries ranked near Ecuador
More financial sector data for Ecuador
- 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 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.14 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 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.56 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 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.14 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 Ecuador?
- Insurance company assets to gdp in Ecuador was 2.0% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Ecuador?
- The highest recorded value was 2.3% in 2016.
- What is the lowest insurance company assets to gdp recorded in Ecuador?
- The lowest recorded value was 0.4% in 2006.
- How does Ecuador rank for insurance company assets to gdp?
- Ecuador ranks 110th out of 138 countries with data for 2019.
- Is insurance company assets to gdp rising or falling in Ecuador?
- Over the last ten years it is up 73.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.