Belgium vs Singapore: Balance sheet and income statement of insurance companies — Gross

Belgium
265,010 Euro
in 2024
Singapore
209,120 Euro
in 2023
Belgium rank
14th
Singapore rank
16th

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

  • Belgium
  • Singapore
50.0k100.0k150.0k200.0k250.0k300.0k200920162024

How they compare

Belgium currently reports 265,010 Euro against 209,120 Euro in Singapore, a difference of 55,890 Euro.

That makes Belgium's figure about 1.3 times Singapore's.

Across all 14 years both countries report, Belgium has been ahead every year.

Belgium ranks 14th and Singapore ranks 16th of 46 countries.

Belgium has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Belgium Singapore Difference Ahead
2000s 199,326 Euro 51,108 Euro 148,218 Euro Belgium
2010s 235,338 Euro 96,593 Euro 138,745 Euro Belgium
2020s 264,374 Euro 194,080 Euro 70,293 Euro Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher balance sheet and income statement of insurance companies — gross, Belgium or Singapore?
Belgium, at 265,010 Euro against 209,120 Euro in Singapore as of 2024.
What is the difference in balance sheet and income statement of insurance companies — gross between Belgium and Singapore?
55,890 Euro, with Belgium ahead.
How many years of comparable data are there for Belgium and Singapore?
14 years are reported by both, from 2009 to 2023.
How do Belgium and Singapore rank globally for balance sheet and income statement of insurance companies — gross?
Belgium ranks 14th and Singapore ranks 16th 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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Belgium vs Singapore: Balance sheet and income statement of insurance companies — Gross. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/belgium/singapore/

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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.