Hungary - Total Insurance Expenditure
Since 2014, Hungary Total Insurance Expenditure decreased by 1.6points year on year. With 2.33 Percent of GDP in 2019, the country was ranked number 41 comparing other countries in Total Insurance Expenditure. Hungary is overtaken by Finland, which was ranked number 40 with 2.34 Percent of GDP and is followed by Mexico at 2.32 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, a growth 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 witnessed the worst performance at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 2.33 |
| 2018 | 2.36 |
| 2017 | 2.42 |
| 2016 | 2.44 |
| 2015 | 2.38 |
Download all data from 1991 to 2019
How does Hungary 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 | |
| 40 |
#40
Finland
|
2.34 % | 2019 | +25.9 % | -14.3 % | View data | |
| 41 |
#41
Hungary
|
2.33 % | 2019 | -1.2 % | -1.6 % | View data | |
| 42 |
#42
Mexico
|
2.32 % | 2019 | +1.9 % | +2.6 % | View data | |