Colombia - Total Insurance Expenditure

Since 2014, Colombia Total Insurance Expenditure grew 2.5points year on year. At 2.83 Percent of GDP in 2019, the country was ranked number 32 comparing other countries in Total Insurance Expenditure. Colombia is overtaken by Poland, which was number 31 at 2.84 Percent of GDP and is followed by Czech Republic at 2.79 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, that is an increase of 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 2.83
2018 2.77
2017 2.83
2016 2.79
2015 2.67
Download all data from 2009 to 2019

How does Colombia 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
31 #31
Poland
2.84 % 2019 +0.4 % -2.1 % View data
32 #32
Colombia
2.83 % 2019 +2.1 % +2.5 % View data
33 #33
Czech Republic
2.79 % 2019 -1.0 % -5.0 % View data
Compare all 54 countries

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