Australia - Non-life Insurance Penetration

Since 2014, Australia Non-Life Insurance Penetration was up 8.2points year on year. With 3.26 Percent in 2019, the country was number 5 comparing other countries in Non-Life Insurance Penetration. Australia is overtaken by Germany, which was number 4 at 3.4 Percent and is followed by Taiwan at 3.2 Percent. United States topped the ranking with 4.2 Percent in 2015, that is -2.3points versus 2014. Australia recorded the best 5 years average growth at +8.2points per year, while South Korea witnessed the worst performance at -8.2points per year.

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Date Percent
2019 3.26
2018 3.21
2017 3.16
2016 3.53
2015 2.20
Download all data from 2012 to 2019

How does Australia rank in Non-Life Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
United States
4.20 % 2015 -2.3 % -2.3 % View data
2 #2
South Korea
4.10 % 2015 +0.0 % -8.2 % View data
4 #4
Germany
3.40 % 2015 +0.0 % -1.9 % View data
5 #5
Australia
3.26 % 2019 +1.6 % +8.2 % View data
6 #6
Taiwan
3.20 % 2015 -3.0 % +0.0 % View data
Compare all 19 countries

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