Portugal - Total Insurance Expenditure

Since 2014, Portugal Total Insurance Expenditure decreased by 6.3points year on year. In 2019, the country was ranked number 17 among other countries in Total Insurance Expenditure at 5.67 Percent of GDP. Portugal is overtaken by Belgium, which was number 16 at 5.91 Percent of GDP and is followed by Slovakia with 5.21 Percent of GDP. 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 5.67
2018 5.85
2017 5.54
2016 5.55
2015 6.72
Download all data from 1983 to 2019

How does Portugal 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
16 #16
Belgium
5.91 % 2019 -3.1 % -3.1 % View data
17 #17
Portugal
5.67 % 2019 -3.0 % -6.3 % View data
18 #18
Slovakia
5.21 % 2019 +4.0 % +12.4 % View data
Compare all 54 countries

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