Colombia - Total Insurance Expenditure
Since 2014, Colombia Total Insurance Expenditure was up 2.5points year on year. In 2019, the country was number 32 among other countries in Total Insurance Expenditure with 2.83 Percent of GDP. Colombia is overtaken by Poland, which was number 31 with 2.84 Percent of GDP and is followed by Czech Republic with 2.79 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, 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 witnessed the best average annual growth at +12.4points per year, while Finland witnessed 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 |