Insurance company assets to GDP in Türkiye
Türkiye: Insurance company assets to GDP was 5.7% in 2020. ◆ Volatile
Insurance company assets to GDP in Türkiye, 1995–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Türkiye recorded 5.7% for insurance company assets to gdp in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 88.2% over ten years.
Over the whole period, insurance company assets to gdp in Türkiye peaked at 5.7% in 2020 and was at its lowest, 1.1%, in 1998.
Türkiye ranks 77th of 138 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance company assets to GDP in Türkiye, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 1.1% | — |
| 1996 | 1.3% | +21.3% |
| 1997 | 1.5% | +9.9% |
| 1998 | 1.1% | -26.1% |
| 1999 | 1.6% | +50.0% |
| 2000 | 1.5% | -3.8% |
| 2001 | 1.6% | +5.7% |
| 2002 | 1.5% | -8.4% |
| 2003 | 1.6% | +6.6% |
| 2004 | 1.7% | +5.2% |
| 2005 | 2.1% | +26.6% |
| 2006 | 2.2% | +3.2% |
| 2007 | 2.5% | +13.2% |
| 2008 | 1.4% | -42.2% |
| 2009 | 1.6% | +11.9% |
| 2010 | 3.0% | +87.1% |
| 2011 | 2.9% | -3.3% |
| 2012 | 3.2% | +10.5% |
| 2013 | 3.4% | +6.5% |
| 2014 | 3.8% | +12.3% |
| 2015 | 4.1% | +5.7% |
| 2016 | 4.5% | +11.7% |
| 2017 | 4.7% | +4.6% |
| 2018 | 4.6% | -2.2% |
| 2019 | 5.4% | +15.6% |
| 2020 | 5.7% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.3% | 1.1% | 1.6% | 5 |
| 2000s | 1.8% | 1.4% | 2.5% | 10 |
| 2010s | 4.0% | 2.9% | 5.4% | 10 |
| 2020s | 5.7% | 5.7% | 5.7% | 1 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- Net domestic credit (current LCU), per capita 365,380 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.64 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 42.15 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 913.08 million SDR (2025)
- Gold reserves at market value 83.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 46.67 billion SDR (2025)
- Reserves excluding gold 52.30 billion SDR (2025)
- Total reserves (gold at market value) 135.50 billion SDR (2025)
- Total reserves (gold at national valuation) 134.36 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,565 SDR per person (2025)
Frequently asked questions
- What is insurance company assets to gdp in Türkiye?
- Insurance company assets to gdp in Türkiye was 5.7% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Türkiye?
- The highest recorded value was 5.7% in 2020.
- What is the lowest insurance company assets to gdp recorded in Türkiye?
- The lowest recorded value was 1.1% in 1998.
- How does Türkiye rank for insurance company assets to gdp?
- Türkiye ranks 77th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Türkiye?
- Over the last ten years it is up 88.2%. The long-run trend across the full record is volatile.
- Where does this Türkiye 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.