India - Insurance Penetration

Since 2014, India Insurance Penetration rose 0.1points year on year. In 2019, the country was ranked number 16 comparing other countries in Insurance Penetration at 3.32 Percent. India is overtaken by Brazil, which was number 15 with 4.08 Percent and is followed by Russia at 1.41 Percent. Taiwan topped the ranking with 20.1 Percent in 2019, that is +0.7points 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 +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.

Loading...

Date Percent
2019 3.32
2018 3.36
2017 3.41
2016 3.49
2015 3.40
Download all data from 2012 to 2019

How does India rank in Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.7 % +1.2 % View data
2 #2
South Africa
14.27 % 2016 -2.9 % -2.5 % View data
15 #15
Brazil
4.08 % 2019 +0.7 % +0.9 % View data
16 #16
India
3.32 % 2019 -1.2 % +0.1 % View data
17 #17
Russia
1.41 % 2019 +0.7 % +0.1 % View data
Compare all 19 countries

Go Top