Hungary - Total Insurance Expenditure

Since 2014, Hungary Total Insurance Expenditure fell by 1.6points year on year. In 2019, the country was number 41 among other countries in Total Insurance Expenditure at 2.33 Percent of GDP. Hungary is overtaken by Finland, which was number 40 with 2.34 Percent of GDP and is followed by Mexico at 2.32 Percent of GDP. Luxembourg ranked the highest 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 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 2.33
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
Compare all 54 countries

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