South Korea - Gross Premium Income of Primary Insurance

Since 2014, South Korea Gross Premium Income of Primary Insurance increased 2.7% year on year. At $181.4 Billion in 2019, the country was number 7 comparing other countries in Gross Premium Income of Primary Insurance. South Korea is overtaken by Germany, which was number 6 with $212.1 Billion and is followed by Italy with $171 Billion. United States topped the ranking with $1,381.7 Billion in 2019, +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
Compare all 19 countries

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