Based on a comparison of 53 countries in 2013, Luxembourg ranked the highest in life & non-life insurance reserves as a percentage of GDP with 283% followed by Ireland and United Kingdom. On the other end of the scale was Armenia with 0.214%, Belarus with 0.532% and Kazakhstan with 0.569%.
Data for more countries are available at Life & Non-Life Insurance Reserves (As % of GDP) indicator page.
Life & Non-Life Insurance Reserves (As % of GDP) | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
Belgium | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 56.9% | 49.7% | 57.7% | 57.0% | 52.7% | ||||||
Finland | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 22.5% | 17.9% | 22.9% | 19.3% | 19.9% | ||||||
France | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 64.3% | 63.8% | 74.7% | 73.3% | 67.6% | ||||||
Germany | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 40.2% | 35.5% | 42.1% | 40.9% | 37.2% | ||||||
Ireland | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 86.8% | 70.6% | 102% | 116% | 104% | |||||
Italy | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 28.5% | 23.7% | 29.4% | 29.9% | 27.4% | |||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 40.5% | 44.2% | 40.4% | 41.4% | 40.9% | ... | ||||
Luxembourg | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 174% | 144% | 211% | 238% | 213% | |||||
Malta | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 23.3% | 20.0% | 25.3% | 26.4% | 23.4% | ||||||
Netherlands | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 46.6% | 40.6% | 47.4% | 47.9% | 43.6% | ||||||
Norway | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 34.3% | 23.4% | 34.7% | 35.1% | 30.4% | ||||||
Portugal | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 28.6% | 25.1% | 30.4% | 30.7% | 25.0% | ... | |||||
South Africa | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 62.1% | 44.6% | 57.3% | 55.3% | 43.1% | ... | ||||
South Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 24.3% | 21.9% | 28.9% | 27.7% | 28.0% | ... | ||||
United Kingdom | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 92.2% | 71.9% | 84.6% | 82.4% | 73.6% |