Australia - Insurance Penetration

Since 2014, Australia Insurance Penetration increased 1.6points year on year. At 6.49 Percent in 2019, the country was number 10 comparing other countries in Insurance Penetration. Australia is overtaken by United States, which was number 9 with 7.08 Percent and is followed by Germany with 5.98 Percent. Taiwan ranked the highest with 20.1 Percent in 2019, +0.7points versus 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.

Loading...

Date Percent
2019 6.49
2018 6.43
2017 6.36
2016 6.52
2015 5.70
Download all data from 2012 to 2019

How does Australia rank in Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.7 % +1.2 % View data
2 #2
South Africa
14.27 % 2016 -2.9 % -2.5 % View data
9 #9
United States
7.08 % 2019 -1.0 % -0.6 % View data
10 #10
Australia
6.49 % 2019 +0.9 % +1.6 % View data
11 #11
Germany
5.98 % 2019 -0.8 % -1.6 % View data
Compare all 19 countries

Go Top