Insurance company assets to GDP (%) in Saudi Arabia
Saudi Arabia: Insurance company assets to GDP (%) was 2.6% in 2020. ▲ Rising
Insurance company assets to GDP in Saudi Arabia, 2009–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Saudi Arabia stood at 2.6%. That is the highest value across all 12 years on record.
The figure is up 19.8% on the previous year and up 75.2% over ten years.
Over the whole period, insurance company assets to gdp in Saudi Arabia peaked at 2.6% in 2020 and was at its lowest, 1.3%, in 2011.
Saudi Arabia ranks 102nd of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Insurance company assets to GDP (%) in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 1.5% | — |
| 2010 | 1.5% | -3.2% |
| 2011 | 1.3% | -14.9% |
| 2012 | 1.3% | +0.6% |
| 2013 | 1.5% | +19.7% |
| 2014 | 1.7% | +10.7% |
| 2015 | 2.2% | +32.3% |
| 2016 | 2.4% | +7.8% |
| 2017 | 2.3% | -3.7% |
| 2018 | 2.0% | -13.3% |
| 2019 | 2.1% | +8.3% |
| 2020 | 2.6% | +19.8% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 2.6% is below the median for high income countries, which is 17.3%, 15% of the median. (55 countries reporting)
- Saudi Arabia's 2.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.2%, 50% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | 1.5% | 1.5% | 1 |
| 2010s | 1.8% | 1.3% | 2.4% | 10 |
| 2020s | 2.6% | 2.6% | 2.6% | 1 |
Countries ranked near Saudi Arabia
- 99 Burkina Faso 2.9% compare
- 100 Belarus 2.9% compare
- 101 Bolivia 2.7% compare
- 103 Bangladesh 2.6% compare
- 104 Cote d'Ivoire 2.5% compare
- 105 Albania 2.4% compare
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Saudi Arabia?
- Insurance company assets to gdp in Saudi Arabia was 2.6% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Saudi Arabia?
- The highest recorded value was 2.6% in 2020.
- What is the lowest insurance company assets to gdp recorded in Saudi Arabia?
- The lowest recorded value was 1.3% in 2011.
- How does Saudi Arabia rank for insurance company assets to gdp?
- Saudi Arabia ranks 102nd out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 75.2%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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.