Insurance company assets to GDP in Norway
Norway: Insurance company assets to GDP was 53.2% in 2020. ▲ Rising
Insurance company assets to GDP in Norway, 1997–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Norway recorded 53.2% for insurance company assets to gdp in 2020. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 12.1% on the previous year and up 31.1% over ten years.
Over the whole period, insurance company assets to gdp in Norway peaked at 53.2% in 2020 and was at its lowest, 31.8%, in 1997.
That places Norway 21st out of 138 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Insurance company assets to GDP in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 31.8% | — |
| 1998 | 33.4% | +5.0% |
| 1999 | 36.6% | +9.8% |
| 2000 | 31.8% | -13.3% |
| 2001 | 32.8% | +3.3% |
| 2002 | 33.8% | +3.1% |
| 2003 | 36.4% | +7.4% |
| 2004 | 36.7% | +0.9% |
| 2005 | 37.4% | +1.8% |
| 2006 | 37.0% | -0.9% |
| 2007 | 38.6% | +4.3% |
| 2008 | 35.1% | -9.3% |
| 2009 | 40.1% | +14.4% |
| 2010 | 40.6% | +1.2% |
| 2011 | 39.4% | -3.0% |
| 2012 | 40.4% | +2.5% |
| 2013 | 42.6% | +5.4% |
| 2014 | 45.7% | +7.3% |
| 2015 | 49.1% | +7.6% |
| 2016 | 52.2% | +6.4% |
| 2017 | 52.9% | +1.3% |
| 2018 | 43.3% | -18.2% |
| 2019 | 47.4% | +9.6% |
| 2020 | 53.2% | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.9% | 31.8% | 36.6% | 3 |
| 2000s | 36.0% | 31.8% | 40.1% | 10 |
| 2010s | 45.4% | 39.4% | 52.9% | 10 |
| 2020s | 53.2% | 53.2% | 53.2% | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.1443 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 9,970 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 11,126 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 11,126 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 0.629 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Norway?
- Insurance company assets to gdp in Norway was 53.2% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Norway?
- The highest recorded value was 53.2% in 2020.
- What is the lowest insurance company assets to gdp recorded in Norway?
- The lowest recorded value was 31.8% in 1997.
- How does Norway rank for insurance company assets to gdp?
- Norway ranks 21st out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Norway?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is rising.
- Where does this Norway 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data taken from a variety of sources such as AXCO and national sources.