South Africa - Gross Premium Income of Life Insurance
Since 2014, South Africa Gross Premium Income of Life Insurance fell by 4% year on year. At $33.7 Billion in 2019, the country was ranked number 15 among other countries in Gross Premium Income of Life Insurance. South Africa is overtaken by Australia, which was number 14 at $40.1 Billion and is followed by Switzerland with $32.6 Billion. United States topped the ranking with $566.6 Billion in 2019, an increase of 0.6% compared to 2018. Japan, China and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +9.1% per year, while Australia was the worst growing country at -6.5% per year.
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| Date | Billion US Dollars |
|---|---|
| 2019 | 33.70 |
| 2018 | 34.20 |
| 2017 | 34.70 |
| 2016 | 33.90 |
| 2015 | 36.80 |
Download all data from 2010 to 2019
How does South Africa rank in Gross Premium Income of Life Insurance?
| # | 19 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
566.60 | 2019 | +0.6 % | +1.3 % | View data | |
| 2 |
#2
Japan
|
323.60 | 2019 | -2.6 % | -2.4 % | View data | |
| 14 |
#14
Australia
|
40.10 | 2019 | -0.5 % | -6.5 % | View data | |
| 15 |
#15
South Africa
|
33.70 | 2019 | -1.5 % | -4.0 % | View data | |
| 16 |
#16
Spain
|
32.60 | 2019 | -0.3 % | -0.2 % | View data | |