Iceland - Total Insurance Expenditure

Since 2014, Iceland Total Insurance Expenditure remained stable. At 2.44 Percent of GDP in 2019, the country was number 37 comparing other countries in Total Insurance Expenditure. Iceland is overtaken by Latvia, which was ranked number 36 with 2.57 Percent of GDP and is followed by New Zealand with 2.44 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, that is 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 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
Compare all 54 countries

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