Balance sheet and income statement of insurance companies — Assets in Singapore
Singapore: Balance sheet and income statement of insurance companies — Assets was 254,522 Euro in 2023. ▲ Rising
Balance sheet and income statement of insurance companies — Assets in Singapore, 2009–2023
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Singapore recorded 254,522 Euro for balance sheet and income statement of insurance companies — assets in 2023. That is the highest value across all 14 years on record.
That represents a change of up 5.6% on the previous year and up 171.3% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — assets in Singapore peaked at 254,522 Euro in 2023 and was at its lowest, 58,976 Euro, in 2009.
Singapore ranks 17th of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Balance sheet and income statement of insurance companies — Assets in Singapore, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 58,976 Euro | — |
| 2010 | 81,914 Euro | +38.9% |
| 2011 | 81,847 Euro | -0.1% |
| 2012 | 94,257 Euro | +15.2% |
| 2013 | 93,819 Euro | -0.5% |
| 2014 | 112,803 Euro | +20.2% |
| 2015 | 123,151 Euro | +9.2% |
| 2016 | 134,573 Euro | +9.3% |
| 2017 | 146,740 Euro | +9.0% |
| 2019 | 198,278 Euro | +35.1% |
| 2020 | 213,757 Euro | +7.8% |
| 2021 | 239,994 Euro | +12.3% |
| 2022 | 241,094 Euro | +0.5% |
| 2023 | 254,522 Euro | +5.6% |
Singapore compared with similar countries
- Singapore's 254,522 Euro is above the median for high income countries, which is 238,797 Euro, 1.1× the median. (31 countries reporting)
- Singapore's 254,522 Euro is above the median for East Asia & Pacific, which is 110,660 Euro, 2.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58,976 Euro | 58,976 Euro | 58,976 Euro | 1 |
| 2010s | 118,598 Euro | 81,847 Euro | 198,278 Euro | 9 |
| 2020s | 237,342 Euro | 213,757 Euro | 254,522 Euro | 4 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is balance sheet and income statement of insurance companies — assets in Singapore?
- Balance sheet and income statement of insurance companies — assets in Singapore was 254,522 Euro in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest balance sheet and income statement of insurance companies — assets recorded in Singapore?
- The highest recorded value was 254,522 Euro in 2023.
- What is the lowest balance sheet and income statement of insurance companies — assets recorded in Singapore?
- The lowest recorded value was 58,976 Euro in 2009.
- How does Singapore rank for balance sheet and income statement of insurance companies — assets?
- Singapore ranks 17th out of 48 countries with data for 2023.
- Is balance sheet and income statement of insurance companies — assets rising or falling in Singapore?
- Over the last ten years it is up 171.3%. The long-run trend across the full record is rising.
- Where does this Singapore 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 — 14 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.