Belgium - Total Insurance Expenditure
Since 2014, Belgium Total Insurance Expenditure fell by 3.1points year on year. In 2019, the country was number 16 among other countries in Total Insurance Expenditure at 5.91 Percent of GDP. Belgium is overtaken by Germany, which was number 15 with 6.36 Percent of GDP and is followed by Portugal at 5.67 Percent of GDP. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, an increase of 2.4points versus 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia witnessed the best average annual growth at +12.4points per year, while Finland was the worst growing country at -14.3points per year.
Loading...
| Date | Percent of GDP |
|---|---|
| 2019 | 5.91 |
| 2018 | 6.09 |
| 2017 | 5.97 |
| 2016 | 6.21 |
| 2015 | 6.45 |
Download all data from 1983 to 2019
How does Belgium 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 | |
| 15 |
#15
Germany
|
6.36 % | 2019 | -0.6 % | -0.5 % | View data | |
| 16 |
#16
Belgium
|
5.91 % | 2019 | -3.1 % | -3.1 % | View data | |
| 17 |
#17
Portugal
|
5.67 % | 2019 | -3.0 % | -6.3 % | View data | |