Trinidad and Tobago: Insurance company assets
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Trinidad and Tobago |
Insurance company assets, percent of GDP |
---|---|
Latest value | 24.22 |
Year | 2020 |
Measure | percent |
Data availability | 2000 - 2020 |
Average | 18.95 |
Min - Max | 9.64 - 30.93 |
Source | The World Bank |
The latest value from 2020 is 24.22 percent, an increase from 21.89 percent in 2019. In comparison, the world average is 26.96 percent, based on data from 85 countries. Historically, the average for Trinidad and Tobago from 2000 to 2020 is 18.95 percent. The minimum value, 9.64 percent, was reached in 2008 while the maximum of 30.93 percent was recorded in 2004.
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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 | 44.07 | 2001 | percent |
Stock market capitalization, in dollars | 3.89 | 2001 | billion U.S. dollars |
Stock market turnover ratio | 4.27 | 2001 | percent |
Listed companies | 26 | 2001 | companies |
Stock market value traded | 1.88 | 2001 | percent |
Mutual fund assets | 33.16 | 2019 | percent |
Life insurance volume | 3.00 | 2020 | percent |
Non-life insurance premium volume | 2.61 | 2020 | percent |
Pension fund assets to GDP | 36.47 | 2020 | percent |
Insurance company assets | 24.22 | 2020 | percent |
Nonbank financial institutions assets to GDP | 44.54 | 2021 | percent |