Insurance company assets to GDP (%) in Spain
Spain: Insurance company assets to GDP (%) was 32.6% in 2020. ▲ Rising
Insurance company assets to GDP in Spain, 1989–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Spain stood at 32.6%. That is the highest value across all 28 years on record.
That represents a change of up 14.7% on the previous year and up 43.3% over ten years.
Over the whole period, insurance company assets to gdp in Spain peaked at 32.6% in 2020 and was at its lowest, 7.3%, in 1989.
Spain ranks 27th of 138 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Insurance company assets to GDP (%) in Spain, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 7.3% | — |
| 1990 | 7.4% | +1.9% |
| 1991 | 8.2% | +10.4% |
| 1992 | 8.7% | +5.5% |
| 1993 | 9.9% | +14.0% |
| 1994 | 11.4% | +15.1% |
| 1999 | 19.2% | +69.3% |
| 2000 | 19.6% | +2.1% |
| 2001 | 20.1% | +2.5% |
| 2002 | 21.2% | +5.2% |
| 2003 | 21.8% | +2.7% |
| 2004 | 23.0% | +5.7% |
| 2005 | 23.8% | +3.7% |
| 2006 | 23.0% | -3.6% |
| 2007 | 21.4% | -6.9% |
| 2008 | 21.1% | -1.6% |
| 2009 | 23.0% | +8.9% |
| 2010 | 22.8% | -0.8% |
| 2011 | 23.8% | +4.7% |
| 2012 | 25.6% | +7.2% |
| 2013 | 26.0% | +1.9% |
| 2014 | 28.9% | +10.9% |
| 2015 | 28.0% | -2.8% |
| 2016 | 28.1% | +0.3% |
| 2017 | 27.4% | -2.7% |
| 2018 | 26.8% | -2.1% |
| 2019 | 28.4% | +6.2% |
| 2020 | 32.6% | +14.7% |
Spain compared with similar countries
- Spain's 32.6% is above the median for high income countries, which is 17.3%, 1.9× the median. (55 countries reporting)
- Spain's 32.6% is above the median for Europe & Central Asia, which is 8.7%, 3.8× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance company assets to GDP (%) in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +69.3% | 11.4% | 19.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.3% | 7.3% | 7.3% | 1 |
| 1990s | 10.8% | 7.4% | 19.2% | 6 |
| 2000s | 21.8% | 19.6% | 23.8% | 10 |
| 2010s | 26.6% | 22.8% | 28.9% | 10 |
| 2020s | 32.6% | 32.6% | 32.6% | 1 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Spain?
- Insurance company assets to gdp in Spain was 32.6% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Spain?
- The highest recorded value was 32.6% in 2020.
- What is the lowest insurance company assets to gdp recorded in Spain?
- The lowest recorded value was 7.3% in 1989.
- How does Spain rank for insurance company assets to gdp?
- Spain ranks 27th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Spain?
- Over the last ten years it is up 43.3%. The long-run trend across the full record is rising.
- Where does this Spain 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.