South Africa - Gross Premium Income of Primary Insurance

Since 2014, South Africa Gross Premium Income of Primary Insurance was down by 3.8% year on year. In 2019, the country was number 18 comparing other countries in Gross Premium Income of Primary Insurance with $41.6 Billion. South Africa is overtaken by Switzerland, which was ranked number 17 with $60.6 Billion and is followed by Sweden at $33.6 Billion. United States lead the ranking with $1,381.7 Billion in 2019, an increase of 1% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +8.7% per year, while Netherlands was the worst growing country at -5% per year.

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Date Billion US Dollars
2019 41.60
2018 42.20
2017 42.80
2016 42.00
2015 45.50
Download all data from 2010 to 2019

How does South Africa rank in Gross Premium Income of Primary Insurance?

# 19 Countries Billion US Dollars Last YoY 5‑years CAGR
1 #1
United States
1,381.70 2019 +0.9 % +1.7 % View data
2 #2
China
498.00 2019 +3.9 % +8.7 % View data
17 #17
Switzerland
60.60 2019 +0.5 % -1.2 % View data
18 #18
South Africa
41.60 2019 -1.4 % -3.8 % View data
19 #19
Sweden
33.60 2019 -1.2 % -2.8 % View data
Compare all 19 countries

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