Malaysia - Life Insurance Penetration

Since 2014, Malaysia Life Insurance Penetration jumped by 0.8points year on year. In 2019, the country was number 10 among other countries in Life Insurance Penetration with 3.23 Percent. Taiwan lead the ranking with 16.74 Percent in 2019, that is +0.8points 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 +6.9points per year, while Japan was the worst growing country at -3.5points per year.

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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
Compare all 19 countries

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