Insurance company assets to GDP in India
India: Insurance company assets to GDP was 18.9% in 2019. ▲ Rising
Insurance company assets to GDP in India, 2004–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2019, insurance company assets to gdp in India stood at 18.9%. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 18.7% over ten years.
Over the whole period, insurance company assets to gdp in India peaked at 18.9% in 2019 and was at its lowest, 12.4%, in 2004.
India ranks 39th of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Insurance company assets to GDP in India, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 12.4% | — |
| 2005 | 13.4% | +8.1% |
| 2006 | 15.3% | +14.1% |
| 2007 | 15.2% | -0.8% |
| 2008 | 17.5% | +15.3% |
| 2009 | 15.9% | -9.2% |
| 2010 | 18.3% | +15.0% |
| 2011 | 18.5% | +0.9% |
| 2012 | 18.1% | -2.0% |
| 2013 | 16.4% | -9.4% |
| 2014 | 16.7% | +1.7% |
| 2015 | 17.4% | +3.9% |
| 2016 | 17.4% | +0.1% |
| 2017 | 17.8% | +2.2% |
| 2018 | 18.3% | +3.1% |
| 2019 | 18.9% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.0% | 12.4% | 17.5% | 6 |
| 2010s | 17.8% | 16.4% | 18.9% | 10 |
Countries ranked near India
More financial sector data for India
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.02 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 343.04 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 4.72 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.83 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1021 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 275.79 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -3.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 287.54 SDR per person (2025)
Frequently asked questions
- What is insurance company assets to gdp in India?
- Insurance company assets to gdp in India was 18.9% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in India?
- The highest recorded value was 18.9% in 2019.
- What is the lowest insurance company assets to gdp recorded in India?
- The lowest recorded value was 12.4% in 2004.
- How does India rank for insurance company assets to gdp?
- India ranks 39th out of 138 countries with data for 2019.
- Is insurance company assets to gdp rising or falling in India?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this India 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.