South Africa - Total Insurance Expenditure

Since 2014, South Africa Total Insurance Expenditure was down by 0.2points year on year. With 14.23 Percent of GDP in 2019, the country was number 2 among other countries in Total Insurance Expenditure. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, +2.4points compared to 2018. Slovakia witnessed the best average annual growth at +12.4points per year, while Finland witnessed 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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