South Africa - Primary Insurance Density

Since 2014, South Africa Primary Insurance Density fell by 4.9% year on year. With $721 Billion in 2019, the country was ranked number 16 among other countries in Primary Insurance Density. South Africa is overtaken by Spain, which was ranked number 15 at $1,399 Billion and is followed by China with $360 Billion. Switzerland topped the ranking with $7,136 Billion in 2019, that is a growth of 0% compared to 2018. Taiwan, Netherlands and Ireland respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.9% per year, while South Africa recorded the worst performance at -4.9% per year.

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Date Billion US Dollars
2019 721.00
2018 744.00
2017 768.00
2016 763.00
2015 843.00
Download all data from 2010 to 2019

How does South Africa rank in Primary Insurance Density?

# 19 Countries Billion US Dollars Last YoY 5‑years CAGR
1 #1
Switzerland
7,136.00 2019 +0.0 % -2.1 % View data
2 #2
Taiwan
4,488.00 2019 +1.6 % +2.0 % View data
15 #15
Spain
1,399.00 2019 -1.1 % -1.8 % View data
16 #16
South Africa
721.00 2019 -3.1 % -4.9 % View data
17 #17
China
360.00 2019 +4.0 % +8.9 % View data
Compare all 19 countries

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