Insurance company assets to GDP in Papua New Guinea
Papua New Guinea: Insurance company assets to GDP was 1.3% in 2020. ▼ Falling
Insurance company assets to GDP in Papua New Guinea, 2011–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Papua New Guinea is 1.3%, measured in 2020.
That represents a change of up 12.4% on the previous year and down 36.9% over ten years.
Over the whole period, insurance company assets to gdp in Papua New Guinea peaked at 3.0% in 2013 and was at its lowest, 1.2%, in 2018.
Papua New Guinea ranks 123rd of 138 countries on this measure, in the bottom quarter.
Insurance company assets to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 2.1% | — |
| 2012 | 2.2% | +6.5% |
| 2013 | 3.0% | +35.3% |
| 2014 | 2.5% | -16.9% |
| 2015 | 2.3% | -8.4% |
| 2016 | 2.1% | -7.9% |
| 2017 | 2.1% | -2.2% |
| 2018 | 1.2% | -43.3% |
| 2019 | 1.2% | +0.1% |
| 2020 | 1.3% | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.1% | 1.2% | 3.0% | 9 |
| 2020s | 1.3% | 1.3% | 1.3% | 1 |
Countries ranked near Papua New Guinea
More financial sector data for Papua New Guinea
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0743 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0543 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0743 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 Papua New Guinea?
- Insurance company assets to gdp in Papua New Guinea was 1.3% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Papua New Guinea?
- The highest recorded value was 3.0% in 2013.
- What is the lowest insurance company assets to gdp recorded in Papua New Guinea?
- The lowest recorded value was 1.2% in 2018.
- How does Papua New Guinea rank for insurance company assets to gdp?
- Papua New Guinea ranks 123rd out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 36.9%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea 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.