Singapore - Total Insurance Expenditure

Since 2014, Singapore Total Insurance Expenditure rose 3.7points year on year. With 9.41 Percent of GDP in 2019, the country was number 10 comparing other countries in Total Insurance Expenditure. Singapore is overtaken by Netherlands, which was ranked number 9 with 9.6 Percent of GDP and is followed by Sweden at 8.6 Percent of GDP. Luxembourg topped the ranking 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 9.41
2018 9.13
2017 9.02
2016 8.20
2015 7.95
Download all data from 2000 to 2019

How does Singapore 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
9 #9
Netherlands
9.60 % 2019 +2.8 % +12.3 % View data
10 #10
Singapore
9.41 % 2019 +3.0 % +3.7 % View data
11 #11
Sweden
8.60 % 2019 +0.6 % +0.8 % View data
Compare all 54 countries

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