India - Primary Insurance Penetration

Since 2014, India Primary Insurance Penetration was down by 1.2points year on year. With 3.1 Percent in 2019, the country was ranked number 19 among other countries in Primary Insurance Penetration. Taiwan ranked the highest with 20.1 Percent in 2019, that is +0.5points compared to 2018. South Africa, South Korea and Netherlands respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +5.1points per year, while Japan witnessed the worst performance at -2.1points per year.

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Date Percent
2019 3.10
2018 3.20
2017 3.30
2016 3.50
2015 3.40
Download all data from 2010 to 2019

How does India rank in Primary Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.5 % +1.2 % View data
2 #2
South Africa
14.30 % 2019 +0.0 % +0.4 % View data
18 #18
China
4.10 % 2019 +0.0 % +5.1 % View data
19 #19
India
3.10 % 2019 -3.1 % -1.2 % View data
Compare all 19 countries

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