Nepal: Insurance company assets
* indicates monthly or quarterly data series
Nepal |
Insurance company assets, percent of GDP |
---|---|
Latest value | 10.02 |
Year | 2019 |
Measure | percent |
Data availability | 2006 - 2019 |
Average | 4.80 |
Min - Max | 0.58 - 10.02 |
Source | The World Bank |
The latest value from 2019 is 10.02 percent, an increase from 8.59 percent in 2018. In comparison, the world average is 21.40 percent, based on data from 106 countries. Historically, the average for Nepal from 2006 to 2019 is 4.8 percent. The minimum value, 0.58 percent, was reached in 2006 while the maximum of 10.02 percent was recorded in 2019.
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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 |
---|---|---|---|
Life insurance volume | 1.68 | 2018 | percent |
Non-life insurance premium volume | 0.73 | 2018 | percent |
Insurance company assets | 10.02 | 2019 | percent |