Malawi: Insurance company assets
* indicates monthly or quarterly data series
| Malawi |
Insurance company assets, percent of GDP |
|---|---|
| Latest value | 9.97 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2006 - 2020 |
| Average | 8.35 |
| Min - Max | 5.79 - 9.97 |
| Source | The World Bank |
The latest value from 2020 is 9.97 percent, an increase from 9.72 percent in 2019. In comparison, the world average is 26.96 percent, based on data from 85 countries. Historically, the average for Malawi from 2006 to 2020 is 8.35 percent. The minimum value, 5.79 percent, was reached in 2006 while the maximum of 9.97 percent was recorded in 2020.
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Definition: Ratio of assets of insurance companies to GDP. Data taken from a variety of sources such as AXCO and national sources.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Mutual fund assets | 0.25 | 2020 | percent |
| Life insurance volume | 0.64 | 2019 | percent |
| Non-life insurance premium volume | 0.89 | 2019 | percent |
| Pension fund assets to GDP | 11.74 | 2020 | percent |
| Insurance company assets | 9.97 | 2020 | percent |
| Nonbank financial institutions assets to GDP | 2.69 | 2007 | percent |