Insurance company assets to GDP in Namibia
Namibia: Insurance company assets to GDP was 38.4% in 2020. ▲ Rising
Insurance company assets to GDP in Namibia, 2000–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Namibia is 38.4%, measured in 2020. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 16.5% over ten years.
Over the whole period, insurance company assets to gdp in Namibia peaked at 38.4% in 2020 and was at its lowest, 20.0%, in 2000.
Namibia ranks 24th of 138 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Insurance company assets to GDP in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.0% | — |
| 2001 | 23.0% | +15.0% |
| 2002 | 29.2% | +26.9% |
| 2003 | 30.6% | +4.8% |
| 2005 | 36.4% | +19.2% |
| 2006 | 35.4% | -3.0% |
| 2007 | 37.1% | +5.0% |
| 2008 | 32.1% | -13.6% |
| 2009 | 32.5% | +1.3% |
| 2010 | 33.0% | +1.5% |
| 2011 | 32.9% | -0.3% |
| 2012 | 32.4% | -1.4% |
| 2013 | 34.0% | +4.7% |
| 2014 | 33.4% | -1.8% |
| 2015 | 34.5% | +3.3% |
| 2016 | 33.8% | -1.9% |
| 2017 | 35.1% | +3.7% |
| 2018 | 34.9% | -0.5% |
| 2019 | 36.9% | +5.7% |
| 2020 | 38.4% | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.7% | 20.0% | 37.1% | 9 |
| 2010s | 34.1% | 32.4% | 36.9% | 10 |
| 2020s | 38.4% | 38.4% | 38.4% | 1 |
Countries ranked near Namibia
More financial sector data for Namibia
- Net domestic credit (current LCU), per capita 58,055 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 11.91 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 16.99 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2018)
- Gold reserves at market value 0 SDR (2018)
- Reserves excluding gold, foreign exchange 2.10 billion SDR (2025)
- Reserves excluding gold 2.27 billion SDR (2025)
- Total reserves (gold at market value) 2.27 billion SDR (2025)
- Total reserves (gold at national valuation) 2.27 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 732.96 SDR per person (2025)
Frequently asked questions
- What is insurance company assets to gdp in Namibia?
- Insurance company assets to gdp in Namibia was 38.4% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Namibia?
- The highest recorded value was 38.4% in 2020.
- What is the lowest insurance company assets to gdp recorded in Namibia?
- The lowest recorded value was 20.0% in 2000.
- How does Namibia rank for insurance company assets to gdp?
- Namibia ranks 24th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Namibia?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this Namibia 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.