Insurance company assets to GDP in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Insurance company assets to GDP was 6.3% in 2016. ▲ Rising

Latest (2016)
6.3%
Change on year
down 11.7%
World rank
73rd
of 138 countries
All-time high
7.1%
in 2015
All-time low
1.6%
in 2000
Years of data
18
1999–2016

Insurance company assets to GDP in Venezuela, Bolivarian Republic of, 1999–2016

24681999200720161999: 1.7 %2000: 1.6 %2001: 1.8 %2002: 2.2 %2003: 2.2 %2004: 2.1 %2005: 2.1 %2006: 2.3 %2007: 2.6 %2008: 2.6 %2009: 3.1 %2010: 3.2 %2011: 3.1 %2012: 3.1 %2013: 3.5 %2014: 5.1 %2015: 7.1 %2016: 6.3 %

Source: Nonbanking financial database, World Bank. Measured in %.

Analysis

In 2016, insurance company assets to gdp in Venezuela, Bolivarian Republic of stood at 6.3%.

The figure is down 11.7% on the previous year and up 178.6% over ten years.

Over the whole period, insurance company assets to gdp in Venezuela, Bolivarian Republic of peaked at 7.1% in 2015 and was at its lowest, 1.6%, in 2000.

That places Venezuela, Bolivarian Republic of 73rd out of 138 countries with data for 2016, putting it in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Insurance company assets to GDP in Venezuela, Bolivarian Republic of, year by year

Annual values for Insurance company assets to GDP (%) in Venezuela, Bolivarian Republic of, 1999 to 2016.
Year % Change
1999 1.7%
2000 1.6% -9.5%
2001 1.8% +13.7%
2002 2.2% +22.8%
2003 2.2% +2.3%
2004 2.1% -3.8%
2005 2.1% -2.4%
2006 2.3% +8.6%
2007 2.6% +15.6%
2008 2.6% +0.9%
2009 3.1% +16.8%
2010 3.2% +3.2%
2011 3.1% -2.6%
2012 3.1% +1.8%
2013 3.5% +10.4%
2014 5.1% +46.2%
2015 7.1% +40.2%
2016 6.3% -11.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.7% 1.7% 1.7% 1
2000s 2.2% 1.6% 3.1% 10
2010s 4.5% 3.1% 7.1% 7

Countries ranked near Venezuela, Bolivarian Republic of

  1. 70 Kenya 6.6% compare
  2. 71 Rwanda 6.5%
  3. 72 Brunei Darussalam 6.5% compare
  4. 74 Bulgaria 5.8% compare
  5. 75 Serbia 5.7% compare
  6. 76 Iceland 5.7% compare

See the full ranking of 138 places →

More financial sector data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is insurance company assets to gdp in Venezuela, Bolivarian Republic of?
Insurance company assets to gdp in Venezuela, Bolivarian Republic of was 6.3% in 2016, according to Nonbanking financial database, World Bank.
What is the highest insurance company assets to gdp recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 7.1% in 2015.
What is the lowest insurance company assets to gdp recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 1.6% in 2000.
How does Venezuela, Bolivarian Republic of rank for insurance company assets to gdp?
Venezuela, Bolivarian Republic of ranks 73rd out of 138 countries with data for 2016.
Is insurance company assets to gdp rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 178.6%. The long-run trend across the full record is rising.
Where does this Venezuela, Bolivarian Republic of 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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Insurance company assets to GDP in Venezuela, Bolivarian Republic of. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/insurance-company-assets-to-gdp-percent/venezuela-rb/

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About this data

Indicator
Insurance company assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
138 places, 2,595 data points, 1980–2020
Last refreshed

Data taken from a variety of sources such as AXCO and national sources.