Insurance company assets to GDP in Kazakhstan

Kazakhstan: Insurance company assets to GDP was 2.1% in 2020. ▲ Rising

Latest (2020)
2.1%
Change on year
up 22.5%
World rank
108th
of 138 countries
All-time high
2.1%
in 2020
All-time low
0.4%
in 2003
Years of data
19
2002–2020

Insurance company assets to GDP in Kazakhstan, 2002–2020

0.511.522002201120202002: 0.55 %2003: 0.449 %2004: 0.751 %2005: 0.966 %2006: 1.3 %2007: 1.7 %2008: 1.7 %2009: 1.8 %2010: 1.6 %2011: 1.4 %2012: 1.4 %2013: 1.5 %2014: 1.5 %2015: 2 %2016: 1.8 %2017: 1.7 %2018: 1.7 %2019: 1.7 %2020: 2.1 %

Source: Nonbanking financial database, World Bank. Measured in %.

Analysis

The most recent figure for insurance company assets to gdp in Kazakhstan is 2.1%, measured in 2020. That is the highest value across all 19 years on record.

That represents a change of up 22.5% on the previous year and up 32.3% over ten years.

Over the whole period, insurance company assets to gdp in Kazakhstan peaked at 2.1% in 2020 and was at its lowest, 0.4%, in 2003.

Kazakhstan ranks 108th of 138 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Insurance company assets to GDP in Kazakhstan, year by year

Annual values for Insurance company assets to GDP (%) in Kazakhstan, 2002 to 2020.
Year % Change
2002 0.5%
2003 0.4% -18.3%
2004 0.8% +67.2%
2005 1.0% +28.6%
2006 1.3% +37.3%
2007 1.7% +31.1%
2008 1.7% -3.7%
2009 1.8% +4.6%
2010 1.6% -9.6%
2011 1.4% -13.3%
2012 1.4% +4.0%
2013 1.5% +1.6%
2014 1.5% +2.7%
2015 2.0% +34.8%
2016 1.8% -8.3%
2017 1.7% -7.5%
2018 1.7% -0.5%
2019 1.7% +0.8%
2020 2.1% +22.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.2% 0.4% 1.8% 8
2010s 1.6% 1.4% 2.0% 10
2020s 2.1% 2.1% 2.1% 1

Countries ranked near Kazakhstan

  1. 105 Albania 2.4% compare
  2. 106 Ghana 2.3% compare
  3. 107 Romania 2.2% compare
  4. 109 Dominican Republic 2.0% compare
  5. 110 Ecuador 2.0% compare
  6. 111 Guatemala 2.0% compare

See the full ranking of 138 places →

More financial sector data for Kazakhstan

All data for Kazakhstan →

Frequently asked questions

What is insurance company assets to gdp in Kazakhstan?
Insurance company assets to gdp in Kazakhstan was 2.1% in 2020, according to Nonbanking financial database, World Bank.
What is the highest insurance company assets to gdp recorded in Kazakhstan?
The highest recorded value was 2.1% in 2020.
What is the lowest insurance company assets to gdp recorded in Kazakhstan?
The lowest recorded value was 0.4% in 2003.
How does Kazakhstan rank for insurance company assets to gdp?
Kazakhstan ranks 108th out of 138 countries with data for 2020.
Is insurance company assets to gdp rising or falling in Kazakhstan?
Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
Where does this Kazakhstan 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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Insurance company assets to GDP in Kazakhstan. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/kazakhstan/

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About this data

Indicator
Insurance company assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
138 places, 2,595 data points, 1980–2020
Last refreshed

Data taken from a variety of sources such as AXCO and national sources.