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

Australia
111,439 Euro
in 2024
South Africa
172,625 Euro
in 2023
Australia rank
21st
South Africa rank
20th

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

  • Australia
  • South Africa
50.0k100.0k150.0k200920162024

How they compare

South Africa currently reports 172,625 Euro against 111,439 Euro in Australia, a difference of 61,186 Euro.

That makes South Africa's figure about 1.5 times Australia's.

The two have swapped places 2 times across 10 shared years of data; in 2011 it was South Africa ahead.

Australia ranks 21st and South Africa ranks 20th of 46 countries.

South Africa has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Australia South Africa Difference Ahead
2010s 48,361 Euro 139,160 Euro 90,799 Euro South Africa
2020s 104,561 Euro 143,118 Euro 38,557 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 — gross, Australia or South Africa?
South Africa, at 172,625 Euro against 111,439 Euro in Australia as of 2023.
What is the difference in balance sheet and income statement of insurance companies — gross between Australia and South Africa?
61,186 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 — gross?
Australia ranks 21st and South Africa ranks 20th of 46 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Balance sheet and income statement of insurance companies — Gross technical provisions. 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 — Gross. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/australia/south-africa/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Gross technical provisions
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 763 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.