Insurance company assets to GDP (%) in Rwanda
Rwanda: Insurance company assets to GDP (%) was 6.5% in 2020. ▲ Rising
Latest (2020)
6.5%
Change on year
up 11.2%
World rank
71st
of 138 countries
All-time high
6.5%
in 2020
All-time low
4.6%
in 2013
Years of data
8
2013–2020
Insurance company assets to GDP in Rwanda, 2013–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Rwanda stood at 6.5%. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 41.9% over ten years.
That places Rwanda 71st out of 138 countries with data for 2020, putting it in the middle of the range.
Insurance company assets to GDP (%) in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 2013 | 4.6% | — |
| 2014 | 4.8% | +4.9% |
| 2015 | 5.0% | +4.0% |
| 2016 | 5.1% | +0.7% |
| 2017 | 5.2% | +2.6% |
| 2018 | 5.7% | +10.6% |
| 2019 | 5.9% | +2.4% |
| 2020 | 6.5% | +11.2% |
Rwanda compared with similar countries
- Rwanda's 6.5% is above the median for low income countries, which is 1.0%, 6.3× the median. (12 countries reporting)
- Rwanda's 6.5% is above the median for Sub-Saharan Africa, which is 1.9%, 3.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 4.6% | 5.9% | 7 |
| 2020s | 6.5% | 6.5% | 6.5% | 1 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- 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 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.88 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 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.37 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 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.88 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 Rwanda?
- Insurance company assets to gdp in Rwanda was 6.5% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Rwanda?
- The highest recorded value was 6.5% in 2020.
- What is the lowest insurance company assets to gdp recorded in Rwanda?
- The lowest recorded value was 4.6% in 2013.
- How does Rwanda rank for insurance company assets to gdp?
- Rwanda ranks 71st out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Rwanda?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this Rwanda 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.