China - Insurance Penetration
Since 2014, China Insurance Penetration jumped by 5.7points year on year. With 4.23 Percent in 2019, the country was ranked number 14 comparing other countries in Insurance Penetration. China is overtaken by Malaysia, which was number 13 at 4.86 Percent and is followed by Brazil with 4.08 Percent. Taiwan topped the ranking with 20.1 Percent in 2019, that is +0.7points compared to 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +5.7points per year, while Japan was the worst growing country at -2.6points per year.
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| Date | Percent |
|---|---|
| 2019 | 4.23 |
| 2018 | 4.14 |
| 2017 | 4.05 |
| 2016 | 4.15 |
| 2015 | 3.60 |
Download all data from 2012 to 2019
How does China rank in Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
20.10 % | 2019 | +0.7 % | +1.2 % | View data | |
| 2 |
#2
South Africa
|
14.27 % | 2016 | -2.9 % | -2.5 % | View data | |
| 13 |
#13
Malaysia
|
4.86 % | 2019 | +0.2 % | +0.3 % | View data | |
| 14 |
#14
China
|
4.23 % | 2019 | +2.2 % | +5.7 % | View data | |
| 15 |
#15
Brazil
|
4.08 % | 2019 | +0.7 % | +0.9 % | View data | |