Insurance company assets to GDP in Lao People's Democratic Republic

Lao People's Democratic Republic: 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 Lao People's Democratic Republic, 2015–2019

00.250.50.7511.22015201720192015: 0.835 %2016: 0.876 %2017: 0.732 %2018: 1.2 %2019: 0.854 %

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

Analysis

In 2019, insurance company assets to gdp in Lao People's Democratic Republic stood at 0.9%.

That represents a change of down 31.5% on the previous year and up 2.3% over five years.

Lao People's Democratic Republic ranks 128th of 138 countries on this measure, in the bottom quarter.

Insurance company assets to GDP in Lao People's Democratic Republic, year by year

Annual values for Insurance company assets to GDP (%) in Lao People's Democratic Republic, 2015 to 2019.
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%

Countries ranked near Lao People's Democratic Republic

  1. 125 Armenia 1.1% compare
  2. 126 Nigeria 1.0% compare
  3. 127 Mongolia 1.0% compare
  4. 129 Tanzania, United Republic of 0.8% compare
  5. 130 Kyrgyzstan 0.8% compare
  6. 131 Congo 0.8%

See the full ranking of 138 places →

More financial sector data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is insurance company assets to gdp in Lao People's Democratic Republic?
Insurance company assets to gdp in Lao People's Democratic Republic was 0.9% in 2019, according to Nonbanking financial database, World Bank.
What is the highest insurance company assets to gdp recorded in Lao People's Democratic Republic?
The highest recorded value was 1.2% in 2018.
What is the lowest insurance company assets to gdp recorded in Lao People's Democratic Republic?
The lowest recorded value was 0.7% in 2017.
How does Lao People's Democratic Republic rank for insurance company assets to gdp?
Lao People's Democratic Republic ranks 128th out of 138 countries with data for 2019.
Where does this Lao People's Democratic Republic 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 Lao People's Democratic Republic. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 03 September 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/lao-pdr/

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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.