Insurance company assets to GDP (%) in Vietnam
Vietnam: Insurance company assets to GDP (%) was 7.7% in 2019. ▲ Rising
Insurance company assets to GDP in Vietnam, 2005–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Vietnam recorded 7.7% for insurance company assets to gdp in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 7.5% on the previous year and up 63.1% over ten years.
Over the whole period, insurance company assets to gdp in Vietnam peaked at 7.7% in 2019 and was at its lowest, 3.4%, in 2005.
Vietnam ranks 61st of 138 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Insurance company assets to GDP (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 3.4% | — |
| 2006 | 3.7% | +7.8% |
| 2007 | 4.5% | +23.6% |
| 2008 | 4.4% | -1.6% |
| 2009 | 4.7% | +5.7% |
| 2010 | 4.6% | -2.0% |
| 2011 | 3.8% | -17.0% |
| 2012 | 3.5% | -8.0% |
| 2013 | 3.7% | +6.3% |
| 2014 | 4.4% | +16.7% |
| 2015 | 4.8% | +10.8% |
| 2016 | 5.5% | +14.2% |
| 2017 | 6.3% | +14.7% |
| 2018 | 7.1% | +12.8% |
| 2019 | 7.7% | +7.5% |
Vietnam compared with similar countries
- Vietnam's 7.7% is above the median for upper middle income countries, which is 4.9%, 1.6× the median. (40 countries reporting)
- Vietnam's 7.7% is below the median for East Asia & Pacific, which is 12.6%, 61% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | 3.4% | 4.7% | 5 |
| 2010s | 5.1% | 3.5% | 7.7% | 10 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0001 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0001 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 Vietnam?
- Insurance company assets to gdp in Vietnam was 7.7% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Vietnam?
- The highest recorded value was 7.7% in 2019.
- What is the lowest insurance company assets to gdp recorded in Vietnam?
- The lowest recorded value was 3.4% in 2005.
- How does Vietnam rank for insurance company assets to gdp?
- Vietnam ranks 61st out of 138 countries with data for 2019.
- Is insurance company assets to gdp rising or falling in Vietnam?
- Over the last ten years it is up 63.1%. The long-run trend across the full record is rising.
- Where does this Vietnam 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.