Japan vs Korea: Balance sheet and income statement of insurance companies — Gross

Japan
2.18 million Euro
in 2024
Korea
615,670 Euro
in 2023
Japan rank
2nd
Korea rank
1st

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

  • Japan
  • Korea
01.0M2.0M3.0M200920162024

How they compare

Japan currently reports 2.18 million Euro against 615,670 Euro in Korea, a difference of 1.57 million Euro.

That makes Japan's figure about 3.5 times Korea's.

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

Japan ranks 2nd and Korea ranks 1st of 46 countries.

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

Head to head by decade

Decade Japan Korea Difference Ahead
2000s 2.27 million Euro 224,280 Euro 2.04 million Euro Japan
2010s 2.52 million Euro 483,555 Euro 2.03 million Euro Japan
2020s 2.33 million Euro 663,229 Euro 1.67 million Euro Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher balance sheet and income statement of insurance companies — gross, Japan or Korea?
Japan, at 2.18 million Euro against 615,670 Euro in Korea as of 2024.
What is the difference in balance sheet and income statement of insurance companies — gross between Japan and Korea?
1.57 million Euro, with Japan ahead.
How many years of comparable data are there for Japan and Korea?
14 years are reported by both, from 2009 to 2023.
How do Japan and Korea rank globally for balance sheet and income statement of insurance companies — gross?
Japan ranks 2nd and Korea ranks 1st 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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Japan vs Korea: Balance sheet and income statement of insurance companies — Gross. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/japan/korea/

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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.