South Africa - Insurance Penetration

Since 2013, South Africa Insurance Penetration fell by 2.5points year on year. In 2016, the country was number 2 comparing other countries in Insurance Penetration at 14.27 Percent. Taiwan lead the ranking with 20.1 Percent in 2019, that is a growth of 0.7points versus 2018. China witnessed the best average annual growth at +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.

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Date Percent
2016 14.27
2015 14.70
2014 14.00
2013 15.40
Download all data from 2013 to 2016

How does South Africa rank in Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.7 % +1.2 % View data
2 #2
South Africa
14.27 % 2016 -2.9 % -2.5 % View data
3 #3
South Korea
11.84 % 2019 +0.0 % +0.9 % View data
4 #4
United Kingdom
9.85 % 2019 -1.0 % -1.5 % View data
5 #5
Japan
9.47 % 2019 -1.5 % -2.6 % View data
Compare all 19 countries

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