Germany - Life Insurance Penetration
Since 2014, Germany Life Insurance Penetration was down by 2.5points year on year. At 2.73 Percent in 2019, the country was number 13 comparing other countries in Life Insurance Penetration. 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 lead the ranking with 16.74 Percent in 2019, 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 witnessed the best average annual growth at +6.9points per year, while Japan recorded the worst performance 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 | |