Australia vs South Africa: Balance sheet and income statement of insurance companies — Assets

Australia
137,142 Euro
in 2024
South Africa
213,221 Euro
in 2023
Australia rank
21st
South Africa rank
19th

Balance sheet and income statement of insurance companies — Assets over time

  • Australia
  • South Africa
100.0k150.0k200.0k250.0k200920162024

How they compare

South Africa currently reports 213,221 Euro against 137,142 Euro in Australia, a difference of 76,079 Euro.

That makes South Africa's figure about 1.6 times Australia's.

The two have swapped places 3 times across 10 shared years of data; in 2011 it was Australia ahead.

Australia ranks 21st and South Africa ranks 19th of 48 countries.

Across the 2 decades both report, Australia averaged higher in 1 and South Africa in 1.

Head to head by decade

Decade Australia South Africa Difference Ahead
2010s 249,905 Euro 161,634 Euro 88,271 Euro Australia
2020s 152,083 Euro 175,390 Euro 23,307 Euro South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher balance sheet and income statement of insurance companies — assets, Australia or South Africa?
South Africa, at 213,221 Euro against 137,142 Euro in Australia as of 2023.
What is the difference in balance sheet and income statement of insurance companies — assets between Australia and South Africa?
76,079 Euro, with South Africa ahead.
How many years of comparable data are there for Australia and South Africa?
10 years are reported by both, from 2011 to 2023.
How do Australia and South Africa rank globally for balance sheet and income statement of insurance companies — assets?
Australia ranks 21st and South Africa ranks 19th of 48 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Balance sheet and income statement of insurance companies — Assets. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs South Africa: Balance sheet and income statement of insurance companies — Assets. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-assets/australia/south-africa/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Assets
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
58 places, 782 data points, 2006–2024
Last refreshed

This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.