Insurance company assets to GDP (%) in Serbia
Serbia: Insurance company assets to GDP (%) was 5.7% in 2020. ▲ Rising
Insurance company assets to GDP in Serbia, 2002–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Serbia stood at 5.7%. That is the highest value across all 19 years on record.
The figure is up 3.3% on the previous year and up 58.5% over ten years.
Over the whole period, insurance company assets to gdp in Serbia peaked at 5.7% in 2020 and was at its lowest, 2.0%, in 2004.
That places Serbia 75th 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 19 years of available data.
Insurance company assets to GDP (%) in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 3.0% | — |
| 2003 | 2.8% | -5.9% |
| 2004 | 2.0% | -28.8% |
| 2005 | 2.5% | +24.5% |
| 2006 | 2.6% | +2.4% |
| 2007 | 2.8% | +8.8% |
| 2008 | 2.9% | +4.2% |
| 2009 | 3.3% | +11.5% |
| 2010 | 3.6% | +10.8% |
| 2011 | 3.5% | -3.4% |
| 2012 | 3.7% | +6.0% |
| 2013 | 3.6% | -2.7% |
| 2014 | 4.0% | +12.5% |
| 2015 | 4.4% | +10.1% |
| 2016 | 4.8% | +7.1% |
| 2017 | 4.9% | +2.8% |
| 2018 | 5.5% | +12.4% |
| 2019 | 5.5% | +0.5% |
| 2020 | 5.7% | +3.3% |
Serbia compared with similar countries
- Serbia's 5.7% is above the median for upper middle income countries, which is 4.9%, 1.2× the median. (40 countries reporting)
- Serbia's 5.7% is below the median for Europe & Central Asia, which is 8.7%, 66% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 2.0% | 3.3% | 8 |
| 2010s | 4.4% | 3.5% | 5.5% | 10 |
| 2020s | 5.7% | 5.7% | 5.7% | 1 |
Countries ranked near Serbia
More financial sector data for Serbia
- 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.8 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 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 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.8 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 Serbia?
- Insurance company assets to gdp in Serbia was 5.7% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Serbia?
- The highest recorded value was 5.7% in 2020.
- What is the lowest insurance company assets to gdp recorded in Serbia?
- The lowest recorded value was 2.0% in 2004.
- How does Serbia rank for insurance company assets to gdp?
- Serbia ranks 75th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Serbia?
- Over the last ten years it is up 58.5%. The long-run trend across the full record is rising.
- Where does this Serbia 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data taken from a variety of sources such as AXCO and national sources.