China - Life Insurance Penetration
Since 2014, China Life Insurance Penetration was up 6.9points year on year. At 2.37 Percent in 2019, the country was ranked number 15 among other countries in Life Insurance Penetration. China is overtaken by India, which was ranked number 14 at 2.57 Percent and is followed by Brazil with 2.29 Percent. Taiwan ranked the highest with 16.74 Percent in 2019, +0.8points compared to 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 witnessed the worst performance at -3.5points per year.
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| 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 | |