Insurance company assets to GDP (%) in Tanzania
Tanzania: Insurance company assets to GDP (%) was 0.8% in 2020. ▬ Flat
Latest (2020)
0.8%
Change on year
up 10.2%
World rank
129th
of 138 countries
All-time high
0.9%
in 2008
All-time low
0.7%
in 2013
Years of data
18
2003–2020
Insurance company assets to GDP in Tanzania, 2003–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Tanzania is 0.8%, measured in 2020.
The figure is up 10.2% on the previous year and up 3.6% over ten years.
Over the whole period, insurance company assets to gdp in Tanzania peaked at 0.9% in 2008 and was at its lowest, 0.7%, in 2013.
Tanzania ranks 129th of 138 countries on this measure, in the bottom quarter.
Insurance company assets to GDP (%) in Tanzania, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.7% | — |
| 2004 | 0.7% | -1.1% |
| 2005 | 0.8% | +7.6% |
| 2006 | 0.8% | +0.6% |
| 2007 | 0.8% | -0.7% |
| 2008 | 0.9% | +10.8% |
| 2009 | 0.8% | -3.5% |
| 2010 | 0.8% | -4.7% |
| 2011 | 0.8% | -3.2% |
| 2012 | 0.7% | -6.2% |
| 2013 | 0.7% | -1.6% |
| 2014 | 0.8% | +5.5% |
| 2015 | 0.8% | +3.0% |
| 2016 | 0.8% | -0.3% |
| 2017 | 0.7% | -5.8% |
| 2018 | 0.7% | -0.2% |
| 2019 | 0.7% | +3.2% |
| 2020 | 0.8% | +10.2% |
Tanzania compared with similar countries
- Tanzania's 0.8% is below the median for lower middle income countries, which is 2.6%, 31% of the median. (30 countries reporting)
- Tanzania's 0.8% is below the median for Sub-Saharan Africa, which is 1.9%, 44% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.7% | 0.9% | 7 |
| 2010s | 0.7% | 0.7% | 0.8% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Tanzania
More financial sector data for Tanzania
- 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 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 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 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 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 Tanzania?
- Insurance company assets to gdp in Tanzania was 0.8% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Tanzania?
- The highest recorded value was 0.9% in 2008.
- What is the lowest insurance company assets to gdp recorded in Tanzania?
- The lowest recorded value was 0.7% in 2013.
- How does Tanzania rank for insurance company assets to gdp?
- Tanzania ranks 129th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Tanzania?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is flat.
- Where does this Tanzania 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.