Balance sheet and income statement of insurance companies — Assets in Colombia
Colombia: Balance sheet and income statement of insurance companies — Assets was 35,043 Euro in 2024. ▲ Rising
Balance sheet and income statement of insurance companies — Assets in Colombia, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for balance sheet and income statement of insurance companies — assets in Colombia is 35,043 Euro, measured in 2024. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 113.9% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — assets in Colombia peaked at 35,043 Euro in 2024 and was at its lowest, 9,230 Euro, in 2009.
That places Colombia 29th out of 48 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Balance sheet and income statement of insurance companies — Assets in Colombia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 9,230 Euro | — |
| 2010 | 12,015 Euro | +30.2% |
| 2011 | 17,048 Euro | +41.9% |
| 2012 | 16,500 Euro | -3.2% |
| 2013 | 16,126 Euro | -2.3% |
| 2014 | 16,383 Euro | +1.6% |
| 2015 | 15,051 Euro | -8.1% |
| 2016 | 18,412 Euro | +22.3% |
| 2017 | 18,576 Euro | +0.9% |
| 2018 | 21,357 Euro | +15.0% |
| 2019 | 23,379 Euro | +9.5% |
| 2020 | 22,092 Euro | -5.5% |
| 2021 | 21,931 Euro | -0.7% |
| 2022 | 22,850 Euro | +4.2% |
| 2023 | 33,383 Euro | +46.1% |
| 2024 | 35,043 Euro | +5.0% |
Colombia compared with similar countries
- Colombia's 35,043 Euro is above the median for upper middle income countries, which is 28,215 Euro, 1.2× the median. (12 countries reporting)
- Colombia's 35,043 Euro is above the median for Latin America & Caribbean, which is 6,898 Euro, 5.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,230 Euro | 9,230 Euro | 9,230 Euro | 1 |
| 2010s | 17,485 Euro | 12,015 Euro | 23,379 Euro | 10 |
| 2020s | 27,060 Euro | 21,931 Euro | 35,043 Euro | 5 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is balance sheet and income statement of insurance companies — assets in Colombia?
- Balance sheet and income statement of insurance companies — assets in Colombia was 35,043 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balance sheet and income statement of insurance companies — assets recorded in Colombia?
- The highest recorded value was 35,043 Euro in 2024.
- What is the lowest balance sheet and income statement of insurance companies — assets recorded in Colombia?
- The lowest recorded value was 9,230 Euro in 2009.
- How does Colombia rank for balance sheet and income statement of insurance companies — assets?
- Colombia ranks 29th out of 48 countries with data for 2024.
- Is balance sheet and income statement of insurance companies — assets rising or falling in Colombia?
- Over the last ten years it is up 113.9%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balance sheet and income statement of insurance companies — Assets. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.