Insurance company assets to GDP (%) in Russia
Russia: Insurance company assets to GDP (%) was 3.2% in 2020. ▲ Rising
Insurance company assets to GDP in Russia, 2005–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Russia recorded 3.2% for insurance company assets to gdp in 2020. That is the highest value across all 16 years on record.
The figure is up 17.9% on the previous year and up 83.9% over ten years.
Over the whole period, insurance company assets to gdp in Russia peaked at 3.2% in 2020 and was at its lowest, 1.6%, in 2011.
That places Russia 97th out of 138 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Insurance company assets to GDP (%) in Russia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 2.5% | — |
| 2006 | 2.2% | -12.2% |
| 2007 | 2.0% | -9.9% |
| 2008 | 1.8% | -9.1% |
| 2009 | 2.0% | +12.1% |
| 2010 | 1.7% | -14.1% |
| 2011 | 1.6% | -9.0% |
| 2012 | 1.6% | +0.6% |
| 2013 | 1.7% | +6.9% |
| 2014 | 1.8% | +8.0% |
| 2015 | 1.8% | -0.7% |
| 2016 | 2.1% | +14.1% |
| 2017 | 2.4% | +15.9% |
| 2018 | 2.5% | +5.5% |
| 2019 | 2.7% | +6.4% |
| 2020 | 3.2% | +17.9% |
Russia compared with similar countries
- Russia's 3.2% is below the median for high income countries, which is 17.3%, 18% of the median. (55 countries reporting)
- Russia's 3.2% is below the median for Europe & Central Asia, which is 8.7%, 37% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 1.8% | 2.5% | 5 |
| 2010s | 2.0% | 1.6% | 2.7% | 10 |
| 2020s | 3.2% | 3.2% | 3.2% | 1 |
Countries ranked near Russia
More financial sector data for Russia
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.9 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.48 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.9 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 Russia?
- Insurance company assets to gdp in Russia was 3.2% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Russia?
- The highest recorded value was 3.2% in 2020.
- What is the lowest insurance company assets to gdp recorded in Russia?
- The lowest recorded value was 1.6% in 2011.
- How does Russia rank for insurance company assets to gdp?
- Russia ranks 97th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Russia?
- Over the last ten years it is up 83.9%. The long-run trend across the full record is rising.
- Where does this Russia 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.