Life & non-life insurance reserves as a percentage of gdp reached 21.8% in 2012 in Australia, according to the National Central Bank / OECD. This is 2.52% less than in the previous year.
Historically, life & non-life insurance reserves as a percentage of GDP in Australia reached an all time high of 33.3% in 2004 and an all time low of 18.3% in 2008.
Australia has been ranked 17th within the group of 49 countries we follow in terms of life & non-life insurance reserves as a percentage of GDP.
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