Insurance company assets to GDP (%) in Malawi
Malawi: Insurance company assets to GDP (%) was 10.0% in 2020. ▲ Rising
Insurance company assets to GDP in Malawi, 2006–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Malawi is 10.0%, measured in 2020. That is the highest value across all 15 years on record.
The figure is up 2.6% on the previous year and up 43.8% over ten years.
Over the whole period, insurance company assets to gdp in Malawi peaked at 10.0% in 2020 and was at its lowest, 5.8%, in 2006.
Malawi ranks 54th of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Insurance company assets to GDP (%) in Malawi, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 5.8% | — |
| 2007 | 8.2% | +42.2% |
| 2008 | 8.0% | -3.5% |
| 2009 | 7.8% | -2.1% |
| 2010 | 6.9% | -10.9% |
| 2011 | 6.3% | -8.6% |
| 2012 | 6.8% | +6.8% |
| 2013 | 9.4% | +39.1% |
| 2014 | 9.7% | +2.7% |
| 2015 | 9.6% | -0.6% |
| 2016 | 9.5% | -1.1% |
| 2017 | 8.0% | -15.4% |
| 2018 | 9.4% | +17.3% |
| 2019 | 9.7% | +3.0% |
| 2020 | 10.0% | +2.6% |
Malawi compared with similar countries
- Malawi's 10.0% is above the median for low income countries, which is 1.0%, 9.6× the median. (12 countries reporting)
- Malawi's 10.0% is above the median for Sub-Saharan Africa, which is 1.9%, 5.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | 5.8% | 8.2% | 4 |
| 2010s | 8.5% | 6.3% | 9.7% | 10 |
| 2020s | 10.0% | 10.0% | 10.0% | 1 |
Countries ranked near Malawi
More financial sector data for Malawi
- 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 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1505 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 0.1099 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 0.0002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1505 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 Malawi?
- Insurance company assets to gdp in Malawi was 10.0% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Malawi?
- The highest recorded value was 10.0% in 2020.
- What is the lowest insurance company assets to gdp recorded in Malawi?
- The lowest recorded value was 5.8% in 2006.
- How does Malawi rank for insurance company assets to gdp?
- Malawi ranks 54th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Malawi?
- Over the last ten years it is up 43.8%. The long-run trend across the full record is rising.
- Where does this Malawi 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.