Insurance company assets to GDP in Zambia
Zambia: Insurance company assets to GDP was 1.5% in 2020. ▲ Rising
Insurance company assets to GDP in Zambia, 2002–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, insurance company assets to gdp in Zambia stood at 1.5%. That is the highest value across all 19 years on record.
That represents a change of up 12.0% on the previous year and up 34.2% over ten years.
Over the whole period, insurance company assets to gdp in Zambia peaked at 1.5% in 2020 and was at its lowest, 1.1%, in 2010.
Zambia ranks 119th of 138 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Insurance company assets to GDP in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 1.2% | — |
| 2003 | 1.4% | +12.9% |
| 2004 | 1.2% | -10.2% |
| 2005 | 1.1% | -10.2% |
| 2006 | 1.2% | +4.0% |
| 2007 | 1.3% | +7.9% |
| 2008 | 1.4% | +8.7% |
| 2009 | 1.1% | -15.6% |
| 2010 | 1.1% | -4.8% |
| 2011 | 1.2% | +5.2% |
| 2012 | 1.2% | +6.2% |
| 2013 | 1.2% | -3.7% |
| 2014 | 1.2% | +3.6% |
| 2015 | 1.1% | -10.0% |
| 2016 | 1.3% | +18.9% |
| 2017 | 1.3% | +2.3% |
| 2018 | 1.3% | -4.5% |
| 2019 | 1.3% | +3.0% |
| 2020 | 1.5% | +12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.1% | 1.4% | 8 |
| 2010s | 1.2% | 1.1% | 1.3% | 10 |
| 2020s | 1.5% | 1.5% | 1.5% | 1 |
Countries ranked near Zambia
More financial sector data for Zambia
- Net domestic credit (current LCU), per capita 7,869 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.97 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.4 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2020)
- Gold reserves at market value 0 SDR (2020)
- Reserves excluding gold, foreign exchange 1.08 billion SDR (2024)
- Reserves excluding gold 3.14 billion SDR (2024)
- Total reserves (gold at market value) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 147.13 SDR per person (2024)
Frequently asked questions
- What is insurance company assets to gdp in Zambia?
- Insurance company assets to gdp in Zambia was 1.5% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Zambia?
- The highest recorded value was 1.5% in 2020.
- What is the lowest insurance company assets to gdp recorded in Zambia?
- The lowest recorded value was 1.1% in 2010.
- How does Zambia rank for insurance company assets to gdp?
- Zambia ranks 119th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Zambia?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this Zambia 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.