Insurance company assets to GDP (%) in Laos
Laos: Insurance company assets to GDP (%) was 0.9% in 2019. ▲ Rising
Latest (2019)
0.9%
Change on year
down 31.5%
World rank
128th
of 138 countries
All-time high
1.2%
in 2018
All-time low
0.7%
in 2017
Years of data
5
2015–2019
Insurance company assets to GDP in Laos, 2015–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2019, insurance company assets to gdp in Laos stood at 0.9%.
That represents a change of down 31.5% on the previous year and up 2.3% over five years.
Laos ranks 128th of 138 countries on this measure, in the bottom quarter.
Insurance company assets to GDP (%) in Laos, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 0.8% | — |
| 2016 | 0.9% | +4.9% |
| 2017 | 0.7% | -16.4% |
| 2018 | 1.2% | +70.2% |
| 2019 | 0.9% | -31.5% |
Laos compared with similar countries
- Laos's 0.9% is below the median for lower middle income countries, which is 2.6%, 32% of the median. (30 countries reporting)
- Laos's 0.9% is below the median for East Asia & Pacific, which is 12.6%, 7% of the median. (17 countries reporting)
Countries ranked near Laos
More financial sector data for Laos
- 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.3 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.68 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 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.3 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 Laos?
- Insurance company assets to gdp in Laos was 0.9% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Laos?
- The highest recorded value was 1.2% in 2018.
- What is the lowest insurance company assets to gdp recorded in Laos?
- The lowest recorded value was 0.7% in 2017.
- How does Laos rank for insurance company assets to gdp?
- Laos ranks 128th out of 138 countries with data for 2019.
- Where does this Laos 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.