New Zealand - Total Insurance Expenditure

Since 2014, New Zealand Total Insurance Expenditure decreased by 1.7points year on year. With 2.44 Percent of GDP in 2019, the country was ranked number 38 comparing other countries in Total Insurance Expenditure. New Zealand is overtaken by Iceland, which was ranked number 37 with 2.44 Percent of GDP and is followed by Argentina at 2.4 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, a growth of 2.4points compared to 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average 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 2.44
2018 2.44
2017 2.40
2016 2.48
2015 2.53
Download all data from 1988 to 2019

How does New Zealand 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
37 #37
Iceland
2.44 % 2019 -1.4 % +0.0 % View data
38 #38
New Zealand
2.44 % 2019 -0.1 % -1.7 % View data
39 #39
Argentina
2.40 % 2019 +3.7 % +0.2 % View data
Compare all 54 countries

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