Canada - Total Insurance Expenditure
Since 2014, Canada Total Insurance Expenditure rose 0.5points year on year. With 4.37 Percent of GDP in 2019, the country was ranked number 26 among other countries in Total Insurance Expenditure. Canada is overtaken by Austria, which was number 25 with 4.42 Percent of GDP and is followed by Australia with 4.13 Percent of GDP. Luxembourg ranked the highest 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 witnessed the worst performance at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 4.37 |
| 2018 | 4.50 |
| 2017 | 4.45 |
| 2016 | 4.53 |
| 2015 | 4.42 |
Download all data from 1984 to 2019
How does Canada 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 | |
| 25 |
#25
Austria
|
4.42 % | 2019 | -0.7 % | -2.9 % | 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 | |