Australia - Non-life Insurance Penetration
Since 2014, Australia Non-Life Insurance Penetration increased 8.2points year on year. In 2019, the country was number 5 comparing other countries in Non-Life Insurance Penetration at 3.26 Percent. Australia is overtaken by Germany, which was number 4 with 3.4 Percent and is followed by Taiwan at 3.2 Percent. United States topped the ranking with 4.2 Percent in 2015, a decrease of 2.3points compared to 2014. Australia witnessed the best average annual growth at +8.2points per year, while South Korea recorded 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 | |