Italy - Total Insurance Expenditure
Since 2014, Italy Total Insurance Expenditure fell by 2.4points year on year. In 2019, the country was ranked number 13 comparing other countries in Total Insurance Expenditure with 7.79 Percent of GDP. Italy is overtaken by Switzerland, which was ranked number 12 with 8.33 Percent of GDP and is followed by Japan with 7.7 Percent of GDP. Luxembourg topped the ranking with 35.37 Percent of GDP in 2019, 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 was the worst growing country at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 7.79 |
| 2018 | 7.67 |
| 2017 | 7.53 |
| 2016 | 7.90 |
| 2015 | 8.86 |
Download all data from 1983 to 2019
How does Italy 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 | |
| 12 |
#12
Switzerland
|
8.33 % | 2019 | -0.6 % | -1.7 % | View data | |
| 13 |
#13
Italy
|
7.79 % | 2019 | +1.5 % | -2.4 % | View data | |
| 14 |
#14
Japan
|
7.70 % | 2019 | -0.8 % | +2.4 % | View data | |