Canada - Total Insurance Expenditure

Since 2014, Canada Total Insurance Expenditure grew 0.5points year on year. In 2019, the country was ranked number 26 among other countries in Total Insurance Expenditure with 4.37 Percent of GDP. Canada is overtaken by Austria, which was number 25 at 4.42 Percent of GDP and is followed by Australia at 4.13 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 recorded 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
Compare all 54 countries

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