Insurance company assets to GDP in Panama

Panama: Insurance company assets to GDP was 6.7% in 2020. ▲ Rising

Latest (2020)
6.7%
Change on year
up 33.5%
World rank
68th
of 138 countries
All-time high
6.7%
in 2020
All-time low
4.4%
in 2007
Years of data
19
2002–2020

Insurance company assets to GDP in Panama, 2002–2020

02462002201120202002: 5.2 %2003: 5.1 %2004: 5.1 %2005: 5.1 %2006: 4.9 %2007: 4.4 %2008: 4.6 %2009: 4.9 %2010: 4.7 %2011: 4.6 %2012: 4.7 %2013: 5.2 %2014: 5.2 %2015: 5 %2016: 5 %2017: 5.1 %2018: 4.9 %2019: 5 %2020: 6.7 %

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

Analysis

In 2020, insurance company assets to gdp in Panama stood at 6.7%. That is the highest value across all 19 years on record.

The figure is up 33.5% on the previous year and up 41.3% over ten years.

Over the whole period, insurance company assets to gdp in Panama peaked at 6.7% in 2020 and was at its lowest, 4.4%, in 2007.

Panama ranks 68th of 138 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Insurance company assets to GDP in Panama, year by year

Annual values for Insurance company assets to GDP (%) in Panama, 2002 to 2020.
Year % Change
2002 5.2%
2003 5.1% -1.5%
2004 5.1% -0.9%
2005 5.1% +0.3%
2006 4.9% -4.6%
2007 4.4% -9.1%
2008 4.6% +2.7%
2009 4.9% +8.3%
2010 4.7% -4.2%
2011 4.6% -3.0%
2012 4.7% +2.6%
2013 5.2% +11.5%
2014 5.2% -0.5%
2015 5.0% -3.2%
2016 5.0% -1.2%
2017 5.1% +1.7%
2018 4.9% -2.9%
2019 5.0% +1.4%
2020 6.7% +33.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.9% 4.4% 5.2% 8
2010s 4.9% 4.6% 5.2% 10
2020s 6.7% 6.7% 6.7% 1

Countries ranked near Panama

  1. 65 Costa Rica 7.1% compare
  2. 66 Hungary 6.8% compare
  3. 67 New Zealand 6.8% compare
  4. 69 Estonia 6.7% compare
  5. 70 Kenya 6.6% compare
  6. 71 Rwanda 6.5% compare

See the full ranking of 138 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is insurance company assets to gdp in Panama?
Insurance company assets to gdp in Panama was 6.7% in 2020, according to Nonbanking financial database, World Bank.
What is the highest insurance company assets to gdp recorded in Panama?
The highest recorded value was 6.7% in 2020.
What is the lowest insurance company assets to gdp recorded in Panama?
The lowest recorded value was 4.4% in 2007.
How does Panama rank for insurance company assets to gdp?
Panama ranks 68th out of 138 countries with data for 2020.
Is insurance company assets to gdp rising or falling in Panama?
Over the last ten years it is up 41.3%. The long-run trend across the full record is rising.
Where does this Panama 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 Panama. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/panama/

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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.