South Korea - Gross Premium Income of Primary Insurance
Since 2014, South Korea Gross Premium Income of Primary Insurance rose 2.7% year on year. In 2019, the country was ranked number 7 among other countries in Gross Premium Income of Primary Insurance with $181.4 Billion. South Korea is overtaken by Germany, which was number 6 with $212.1 Billion and is followed by Italy at $171 Billion. United States ranked the highest with $1,381.7 Billion in 2019, that is a growth of 1% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.7% per year, while Netherlands witnessed the worst performance at -5% per year.
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| Date | Billion US Dollars |
|---|---|
| 2019 | 181.40 |
| 2018 | 177.60 |
| 2017 | 173.70 |
| 2016 | 170.90 |
| 2015 | 165.00 |
Download all data from 2010 to 2019
How does South Korea 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 | |
| 6 |
#6
Germany
|
212.10 | 2019 | -0.9 % | -3.6 % | View data | |
| 7 |
#7
South Korea
|
181.40 | 2019 | +2.1 % | +2.7 % | View data | |
| 8 |
#8
Italy
|
171.00 | 2019 | +0.0 % | -2.6 % | View data | |