Households' Assets In Life Insurance Reserves (As % of GDP) fell 7.92% to 15.5% in Switzerland in 2021

Households' Assets In Life Insurance Reserves (As % of GDP) (%), 2021
Investments & Pensions | Switzerland | April 19, 2023
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Households' assets in life insurance reserves as of GDP fell 7.92% to 15.5% in Switzerland in 2021, according to OECD.

Historically, households' assets in life insurance reserves as of GDP in Switzerland reached an all time high of 19.3% in 2002 and an all time low of 15.4% in 2014. When compared to Switzerland's main peers, households' assets in life insurance reserves as of GDP in Austria amounted to 19.1%, 90.4% in France, 32.0% in Germany and 53.5% in Italy in 2021.

Switzerland has been ranked 17th within the group of 32 countries we follow in terms of households' assets in life insurance reserves as of GDP, 2 places below the position seen 10 years ago.

Households' Assets In Life Insurance Reserves (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Austria % 20.7% 19.4% 23.0% 19.6% 21.0%
Belgium % 40.6% 44.3% 46.7% 39.9% 41.7%
France % 74.3% 81.4% 89.3% 78.1% 84.9%
Germany % 29.8% 28.9% 32.2% 29.1% 30.8%
Hungary % 5.07% 4.99% 4.94% 4.44% 4.41%
Italy % 36.4% 37.3% 43.9% 39.5% 45.1%
Poland % 4.18% 3.96% 4.35% 3.21% 3.04%
Slovenia % 7.48% 7.34% 7.99% 6.63% 6.87%
Spain % 13.8% 14.0% 15.0% 13.6% 14.9%
Switzerland % 16.2% 16.1% 16.6% 15.5% 15.7%