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 with 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 lead the ranking with 35.37 Percent of GDP in 2019, that is 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 witnessed the worst performance at -14.3points per year.

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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
Compare all 54 countries

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