Germany - Life Insurance Penetration

Since 2014, Germany Life Insurance Penetration fell by 2.5points year on year. In 2019, the country was ranked number 13 among other countries in Life Insurance Penetration at 2.73 Percent. Germany is overtaken by United States, which was ranked number 12 with 2.87 Percent and is followed by India at 2.57 Percent. Taiwan ranked the highest with 16.74 Percent in 2019, that is a growth 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.

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Date Percent
2019 2.73
2018 2.75
2017 2.78
2016 2.75
2015 2.90
Download all data from 2012 to 2019

How does Germany 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
12 #12
United States
2.87 % 2019 -1.7 % -0.9 % View data
13 #13
Germany
2.73 % 2019 -0.7 % -2.5 % View data
14 #14
India
2.57 % 2019 -1.9 % -0.2 % View data
Compare all 19 countries

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