Balance sheet and income statement of insurance companies — Assets in South Africa
South Africa: Balance sheet and income statement of insurance companies — Assets was 213,221 Euro in 2023. ▲ Rising
Balance sheet and income statement of insurance companies — Assets in South Africa, 2011–2023
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
South Africa recorded 213,221 Euro for balance sheet and income statement of insurance companies — assets in 2023.
That represents a change of up 145.6% on the previous year and up 37.4% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — assets in South Africa peaked at 214,253 Euro in 2021 and was at its lowest, 86,830 Euro, in 2022.
South Africa ranks 19th of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 10 years of available data.
Balance sheet and income statement of insurance companies — Assets in South Africa, year by year
| Year | Euro | Change |
|---|---|---|
| 2011 | 174,575 Euro | — |
| 2012 | 105,985 Euro | -39.3% |
| 2013 | 155,225 Euro | +46.5% |
| 2014 | 181,444 Euro | +16.9% |
| 2015 | 158,152 Euro | -12.8% |
| 2016 | 194,423 Euro | +22.9% |
| 2020 | 187,256 Euro | -3.7% |
| 2021 | 214,253 Euro | +14.4% |
| 2022 | 86,830 Euro | -59.5% |
| 2023 | 213,221 Euro | +145.6% |
South Africa compared with similar countries
- South Africa's 213,221 Euro is above the median for upper middle income countries, which is 28,215 Euro, 7.6× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 161,634 Euro | 105,985 Euro | 194,423 Euro | 6 |
| 2020s | 175,390 Euro | 86,830 Euro | 214,253 Euro | 4 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is balance sheet and income statement of insurance companies — assets in South Africa?
- Balance sheet and income statement of insurance companies — assets in South Africa was 213,221 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 South Africa?
- The highest recorded value was 214,253 Euro in 2021.
- What is the lowest balance sheet and income statement of insurance companies — assets recorded in South Africa?
- The lowest recorded value was 86,830 Euro in 2022.
- How does South Africa rank for balance sheet and income statement of insurance companies — assets?
- South Africa ranks 19th out of 48 countries with data for 2023.
- Is balance sheet and income statement of insurance companies — assets rising or falling in South Africa?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is rising.
- Where does this South Africa 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 — 10 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.