Korea vs United States: Balance sheet and income statement of insurance companies — Assets
Korea
848,242 Euro
in 2023
United States
8.60 million Euro
in 2024
Korea rank
1st
United States rank
1st
Balance sheet and income statement of insurance companies — Assets over time
- Korea
- United States
How they compare
United States currently reports 8.60 million Euro against 848,242 Euro in Korea, a difference of 7.75 million Euro.
That makes United States's figure about 10.1 times Korea's.
Across all 14 years both countries report, United States has been ahead every year.
Korea ranks 1st and United States ranks 1st of 3 groups.
United States has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | United States | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 261,141 Euro | 3.20 million Euro | 2.94 million Euro | United States |
| 2010s | 643,749 Euro | 4.56 million Euro | 3.91 million Euro | United States |
| 2020s | 945,154 Euro | 7.03 million Euro | 6.09 million Euro | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher balance sheet and income statement of insurance companies — assets, Korea or United States?
- United States, at 8.60 million Euro against 848,242 Euro in Korea as of 2024.
- What is the difference in balance sheet and income statement of insurance companies — assets between Korea and United States?
- 7.75 million Euro, with United States ahead.
- How many years of comparable data are there for Korea and United States?
- 14 years are reported by both, from 2009 to 2023.
- How do Korea and United States rank globally for balance sheet and income statement of insurance companies — assets?
- Korea ranks 1st and United States ranks 1st of 3 groups.
- 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.
Individual pages
About this data
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.