Iceland - Total Insurance Expenditure
Since 2014, Iceland Total Insurance Expenditure showed no change. In 2019, the country was number 37 comparing other countries in Total Insurance Expenditure with 2.44 Percent of GDP. Iceland is overtaken by Latvia, which was number 36 with 2.57 Percent of GDP and is followed by New Zealand at 2.44 Percent of GDP. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, that is a growth of 2.4points versus 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 recorded the worst performance at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 2.44 |
| 2018 | 2.47 |
| 2017 | 2.46 |
| 2016 | 2.32 |
| 2015 | 2.36 |
Download all data from 1983 to 2019
How does Iceland 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 | |
| 36 |
#36
Latvia
|
2.57 % | 2019 | -0.7 % | +3.3 % | View data | |
| 37 |
#37
Iceland
|
2.44 % | 2019 | -1.4 % | +0.0 % | View data | |
| 38 |
#38
New Zealand
|
2.44 % | 2019 | -0.1 % | -1.7 % | View data | |