Australia - Insurance Penetration
Since 2014, Australia Insurance Penetration rose 1.6points year on year. With 6.49 Percent in 2019, the country was number 10 among other countries in Insurance Penetration. Australia is overtaken by United States, which was ranked 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, that is an increase of 0.7points compared to 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.
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| 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 | |