Papua New Guinea: Insurance company assets
* indicates monthly or quarterly data series
| Papua New Guinea |
Insurance company assets, percent of GDP |
|---|---|
| Latest value | 1.32 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2011 - 2020 |
| Average | 2.00 |
| Min - Max | 1.18 - 3.02 |
| Source | The World Bank |
The latest value from 2020 is 1.32 percent, an increase from 1.18 percent in 2019. In comparison, the world average is 26.96 percent, based on data from 85 countries. Historically, the average for Papua New Guinea from 2011 to 2020 is 2 percent. The minimum value, 1.18 percent, was reached in 2018 while the maximum of 3.02 percent was recorded in 2013.
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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 |
|---|---|---|---|
| Stock market capitalization, percent of GDP | 7.39 | 2017 | percent |
| Stock market capitalization, in dollars | 1.68 | 2017 | billion U.S. dollars |
| Stock market turnover ratio | 0.05 | 2017 | percent |
| Listed companies | 6 | 2016 | companies |
| Stock market value traded | 0.00 | 2017 | percent |
| Life insurance volume | 0.07 | 2016 | percent |
| Non-life insurance premium volume | 0.54 | 2017 | percent |
| Pension fund assets to GDP | 18.99 | 2020 | percent |
| Insurance company assets | 1.32 | 2020 | percent |
| Nonbank financial institutions assets to GDP | 12.30 | 2020 | percent |