Norway - Total Insurance Expenditure

Since 2014, Norway Total Insurance Expenditure decreased by 0.6points year on year. At 5.14 Percent of GDP in 2019, the country was number 19 among other countries in Total Insurance Expenditure. Luxembourg ranked the highest with 35.37 Percent of GDP in 2019, 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 5.14
2018 5.07
2017 5.12
2016 5.66
2015 5.35
Download all data from 1983 to 2019

How does Norway 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
18 #18
Slovakia
5.21 % 2019 +4.0 % +12.4 % View data
19 #19
Norway
5.14 % 2019 +1.5 % -0.6 % View data
19 #19
Spain
5.14 % 2019 +0.7 % -0.0 % View data
Compare all 54 countries

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