China - Life Insurance Penetration

Since 2014, China Life Insurance Penetration increased 6.9points year on year. At 2.37 Percent in 2019, the country was number 15 among other countries in Life Insurance Penetration. China is overtaken by India, which was number 14 with 2.57 Percent and is followed by Brazil with 2.29 Percent. Taiwan ranked the highest with 16.74 Percent in 2019, that is an increase of 0.8points versus 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +6.9points per year, while Japan was the worst growing country at -3.5points per year.

Loading...

Date Percent
2019 2.37
2018 2.32
2017 2.27
2016 2.34
2015 2.00
Download all data from 2012 to 2019

How does China rank in Life Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
16.74 % 2019 +0.8 % +1.4 % View data
2 #2
South Africa
11.52 % 2016 -4.0 % -3.2 % View data
14 #14
India
2.57 % 2019 -1.9 % -0.2 % View data
15 #15
China
2.37 % 2019 +2.2 % +6.9 % View data
16 #16
Brazil
2.29 % 2019 +0.9 % +1.8 % View data
Compare all 19 countries

Go Top