South Africa - Total Insurance Expenditure

Since 2014, South Africa Total Insurance Expenditure fell by 0.2points year on year. In 2019, the country was ranked number 2 among other countries in Total Insurance Expenditure with 14.23 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, that is an increase of 2.4points compared to 2018. Slovakia recorded the best 5 years average growth at +12.4points per year, while Finland recorded the worst performance at -14.3points per year.

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Date Percent of GDP
2019 14.22
2018 14.19
2017 14.15
2016 13.92
2015 14.49
Download all data from 2010 to 2019

How does South Africa 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
3 #3
United Kingdom
12.78 % 2019 -2.7 % +3.5 % View data
4 #4
Ireland
12.69 % 2019 +4.0 % -8.6 % View data
5 #5
United States
11.32 % 2019 +0.5 % +0.8 % View data
Compare all 54 countries

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