Malaysia - Life Insurance Penetration
Since 2014, Malaysia Life Insurance Penetration jumped by 0.8points year on year. With 3.23 Percent in 2019, the country was ranked number 10 comparing other countries in Life Insurance Penetration. Taiwan topped the ranking with 16.74 Percent in 2019, an increase of 0.8points compared to 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 +6.9points per year, while Japan recorded the worst performance at -3.5points per year.
Loading...
| Date | Percent |
|---|---|
| 2019 | 3.23 |
| 2018 | 3.22 |
| 2017 | 3.21 |
| 2016 | 3.15 |
| 2015 | 3.40 |
Download all data from 2012 to 2019
How does Malaysia rank in Life Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
16.74 % | 2019 | +0.8 % | +1.4 % | View data | |
| 2 |
#2
South Africa
|
11.52 % | 2016 | -4.0 % | -3.2 % | View data | |
| 10 |
#10
Australia
|
3.23 % | 2019 | +0.6 % | -3.2 % | View data | |
| 10 |
#10
Malaysia
|
3.23 % | 2019 | +0.3 % | +0.8 % | View data | |
| 12 |
#12
United States
|
2.87 % | 2019 | -1.7 % | -0.9 % | View data | |