Austria - Total Insurance Expenditure
Since 2014, Austria Total Insurance Expenditure was down by 2.9points year on year. In 2019, the country was ranked number 25 among other countries in Total Insurance Expenditure at 4.42 Percent of GDP. Austria is overtaken by Malaysia, which was number 24 at 4.43 Percent of GDP and is followed by Canada with 4.37 Percent of GDP. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, +2.4points compared to 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 witnessed the worst performance at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 4.42 |
| 2018 | 4.46 |
| 2017 | 4.58 |
| 2016 | 4.74 |
| 2015 | 5.03 |
Download all data from 1987 to 2019
How does Austria 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 | |
| 24 |
#24
Malaysia
|
4.43 % | 2019 | +0.7 % | -1.6 % | View data | |
| 25 |
#25
Austria
|
4.42 % | 2019 | -0.7 % | -2.9 % | View data | |
| 26 |
#26
Canada
|
4.37 % | 2019 | -2.9 % | +0.5 % | View data | |