Australia - Total Insurance Expenditure

Since 2014, Australia Total Insurance Expenditure fell by 7.1points year on year. In 2019, the country was number 27 comparing other countries in Total Insurance Expenditure with 4.13 Percent of GDP. Australia is overtaken by Canada, which was ranked number 26 at 4.37 Percent of GDP and is followed by Estonia with 3.65 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, a growth of 2.4points versus 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +12.4points per year, while Finland recorded the worst performance at -14.3points per year.

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Date Percent of GDP
2019 4.13
2018 4.13
2017 4.44
2016 4.95
2015 5.62
Download all data from 1983 to 2019

How does Australia rank in Total Insurance Expenditure?

# 54 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Luxembourg
35.37 % 2019 +2.4 % -3.9 % View data
2 #2
South Africa
14.22 % 2019 +0.3 % -0.2 % View data
26 #26
Canada
4.37 % 2019 -2.9 % +0.5 % View data
27 #27
Australia
4.13 % 2019 +0.0 % -7.1 % View data
28 #28
Estonia
3.65 % 2019 +2.8 % +3.1 % View data
Compare all 54 countries

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