Malaysia - Total Insurance Expenditure
Since 2014, Malaysia Total Insurance Expenditure was down by 1.6points year on year. In 2019, the country was ranked number 24 comparing other countries in Total Insurance Expenditure at 4.43 Percent of GDP. Malaysia is overtaken by Slovenia, which was number 23 at 4.63 Percent of GDP and is followed by Austria at 4.42 Percent of GDP. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, that is an increase of 2.4points compared to 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 | 4.43 |
2018 | 4.40 |
2017 | 4.47 |
2016 | 4.70 |
2015 | 4.78 |
How does Malaysia 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 | |
23 |
#23
Slovenia
|
4.63 % | 2019 | -1.1 % | -1.3 % | View data | |
24 |
#24
Malaysia
|
4.43 % | 2019 | +0.7 % | -1.6 % | View data | |
25 |
#25
Austria
|
4.42 % | 2019 | -0.7 % | -2.9 % | View data |