Australia - Gross Premium Income of Life Insurance
Since 2014, Australia Gross Premium Income of Life Insurance fell by 6.5% year on year. In 2019, the country was ranked number 14 among other countries in Gross Premium Income of Life Insurance with $40.1 Billion. Australia is overtaken by Brazil, which was number 13 with $41.7 Billion and is followed by South Africa at $33.7 Billion. United States lead the ranking with $566.6 Billion in 2019, that is a growth of 0.6% versus 2018. Japan, China and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +9.1% per year, while Australia witnessed the worst performance at -6.5% per year.
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Date | Billion US Dollars |
---|---|
2019 | 40.10 |
2018 | 40.30 |
2017 | 40.50 |
2016 | 37.70 |
2015 | 43.70 |
Download all data from 2010 to 2019
How does Australia rank in Gross Premium Income of Life Insurance?
# | 19 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
566.60 | 2019 | +0.6 % | +1.3 % | View data | |
2 |
#2
Japan
|
323.60 | 2019 | -2.6 % | -2.4 % | View data | |
13 |
#13
Brazil
|
41.70 | 2019 | +0.7 % | -1.6 % | View data | |
14 |
#14
Australia
|
40.10 | 2019 | -0.5 % | -6.5 % | View data | |
15 |
#15
South Africa
|
33.70 | 2019 | -1.5 % | -4.0 % | View data |