Insurance company assets to GDP in Oman
Oman: Insurance company assets to GDP was 4.6% in 2020. ▲ Rising
Insurance company assets to GDP in Oman, 2004–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Oman is 4.6%, measured in 2020. That is the highest value across all 17 years on record.
That represents a change of up 19.2% on the previous year and up 103.1% over ten years.
Over the whole period, insurance company assets to gdp in Oman peaked at 4.6% in 2020 and was at its lowest, 1.7%, in 2005.
Oman ranks 89th of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Insurance company assets to GDP in Oman, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 1.8% | — |
| 2005 | 1.7% | -8.9% |
| 2006 | 2.1% | +22.5% |
| 2007 | 2.2% | +7.3% |
| 2008 | 1.8% | -17.9% |
| 2009 | 2.3% | +28.2% |
| 2010 | 2.3% | -3.0% |
| 2011 | 2.1% | -7.2% |
| 2012 | 2.0% | -4.0% |
| 2013 | 2.4% | +17.9% |
| 2014 | 2.5% | +3.8% |
| 2015 | 3.0% | +20.5% |
| 2016 | 3.4% | +15.1% |
| 2017 | 3.9% | +13.5% |
| 2018 | 3.6% | -6.1% |
| 2019 | 3.8% | +5.7% |
| 2020 | 4.6% | +19.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.0% | 1.7% | 2.3% | 6 |
| 2010s | 2.9% | 2.0% | 3.9% | 10 |
| 2020s | 4.6% | 4.6% | 4.6% | 1 |
Countries ranked near Oman
More financial sector data for Oman
- Total reserves (gold at national valuation) (SDR), annual growth rate 7.77 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,661 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -3.89 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.54 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1187 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,407 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 5.4 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 2,573 SDR per person (2024)
Frequently asked questions
- What is insurance company assets to gdp in Oman?
- Insurance company assets to gdp in Oman was 4.6% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Oman?
- The highest recorded value was 4.6% in 2020.
- What is the lowest insurance company assets to gdp recorded in Oman?
- The lowest recorded value was 1.7% in 2005.
- How does Oman rank for insurance company assets to gdp?
- Oman ranks 89th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Oman?
- Over the last ten years it is up 103.1%. The long-run trend across the full record is rising.
- Where does this Oman 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.