Institutional Investors' Indicators — Financial assets of insurance corporations by country
The Institutional Investors’ Indicators table shows total financial assets and liabilities of the three types of institutional investor - investment funds, insurance corporations and pension funds - as a percentage of GDP. It also provides a breakdown of the total assets (liabilities) of each type of institutional...
What the numbers show
Institutional Investors' Indicators — Financial assets of insurance corporations is currently reported for 33 countries. The highest value is 365.07 Percentage of GDP in Luxembourg; the lowest is 0.1759 Percentage of GDP in United Kingdom.
The median across all reporting countries is 22.23 Percentage of GDP, and the mean is 43.83 Percentage of GDP.
The gap between the highest and lowest reporting country is a factor of about 2,075.
Over the past decade 10 countries rose and 23 fell. The largest increase was in Russia (up 85.5%), and the largest decrease in Australia (down 47.8%).
Institutional Investors' Indicators — Financial assets of insurance: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Luxembourg | 365.07 Percentage of GDP | 2025 | up 8.3% | rising |
| 1 | Netherlands | 43.62 Percentage of GDP | 2024 | down 44.9% | flat |
| 2 | Denmark | 117.28 Percentage of GDP | 2025 | down 7.5% | falling |
| 2 | Slovenia | 14.13 Percentage of GDP | 2025 | down 22.3% | falling |
| 3 | France | 104.14 Percentage of GDP | 2025 | down 7.2% | rising |
| 3 | Poland | 9.85 Percentage of GDP | 2016 | down 9.4% | flat |
| 4 | Ireland | 81.18 Percentage of GDP | 2025 | down 24.3% | falling |
| 4 | Estonia | 4.29 Percentage of GDP | 2025 | down 15.5% | rising |
| 5 | Switzerland | 78.59 Percentage of GDP | 2025 | down 7.1% | rising |
| 5 | Lithuania | 3.33 Percentage of GDP | 2025 | down 6.0% | rising |
| 6 | Japan | 77.34 Percentage of GDP | 2025 | down 10.7% | rising |
| 6 | Türkiye | 2.29 Percentage of GDP | 2025 | down 9.1% | falling |
| 7 | Belgium | 56.01 Percentage of GDP | 2025 | down 26.7% | rising |
| 8 | Germany | 55.49 Percentage of GDP | 2025 | down 10.0% | rising |
| 9 | Norway | 54.82 Percentage of GDP | 2025 | up 17.0% | rising |
| 10 | United States | 48.31 Percentage of GDP | 2025 | down 3.9% | rising |
| 11 | Italy | 46.26 Percentage of GDP | 2025 | up 0.3% | rising |
| 12 | Canada | 44.92 Percentage of GDP | 2025 | up 4.4% | rising |
| 13 | Sweden | 42.33 Percentage of GDP | 2025 | up 36.6% | falling |
| 14 | Israel | 38.26 Percentage of GDP | 2024 | up 8.2% | rising |
| 15 | Finland | 34.12 Percentage of GDP | 2025 | down 1.2% | rising |
| 16 | Chile | 22.23 Percentage of GDP | 2025 | down 0.8% | flat |
| 17 | Austria | 21.84 Percentage of GDP | 2025 | down 37.8% | falling |
| 18 | Spain | 19.64 Percentage of GDP | 2025 | down 29.6% | rising |
| 19 | Australia | 17.77 Percentage of GDP | 2025 | down 47.8% | falling |
| 20 | Greece | 8.64 Percentage of GDP | 2025 | up 17.1% | rising |
| 21 | Iceland | 6.88 Percentage of GDP | 2025 | down 14.5% | rising |
| 22 | Czechia | 6.58 Percentage of GDP | 2025 | down 37.6% | falling |
| 23 | Costa Rica | 6.2 Percentage of GDP | 2021 | up 5.4% | rising |
| 24 | Mexico | 5.9 Percentage of GDP | 2025 | up 28.3% | rising |
| 25 | Hungary | 5.77 Percentage of GDP | 2025 | down 25.4% | rising |
| 26 | Russia | 3.2 Percentage of GDP | 2020 | up 85.5% | rising |
| 27 | United Kingdom | 0.1759 Percentage of GDP | 2024 | down 15.8% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Korea 58.07 Percentage of GDP
- Slovak Republic 5.77 Percentage of GDP
About this data
The Institutional Investors’ Indicators table shows total financial assets and liabilities of the three types of institutional investor - investment funds, insurance corporations and pension funds - as a percentage of GDP. It also provides a breakdown of the total assets (liabilities) of each type of institutional investor by main financial instrument category: currency and deposits; debt securities; loans; equity and investment fund shares; insurance, pensions and standardised guarantees; financial derivatives and employee stock options; and other accounts receivable/payable. The financial instrument categories are shown as a share (percentage) of the total assets (liabilities) of each type of institutional investor. For investment funds, there is also a breakdown of total assets by type of investment fund: real estate, equity, bond, mixed, hedge and other funds; and a breakdown of total assets and liabilities by whether they belong to money market funds (MMFs) or non-MMFs and to open-ended or closed-ended funds. All the indicators in this dataset are derived from the Institutional Investors' Assets and Liabilities dataset.