South Korea - Insurance Penetration

Since 2014, South Korea Insurance Penetration rose 0.9points year on year. With 11.84 Percent in 2019, the country was number 3 comparing other countries in Insurance Penetration. South Korea is overtaken by South Africa, which was ranked number 2 at 14.27 Percent and is followed by United Kingdom at 9.85 Percent. Taiwan topped the ranking with 20.1 Percent in 2019, an increase of 0.7points compared to 2018. China recorded the best 5 years average growth at +5.7points per year, while Japan was the worst growing country at -2.6points per year.

Loading...

Date Percent
2019 11.84
2018 11.84
2017 11.85
2016 12.08
2015 11.40
Download all data from 2012 to 2019

How does South Korea rank in Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.7 % +1.2 % View data
2 #2
South Africa
14.27 % 2016 -2.9 % -2.5 % View data
3 #3
South Korea
11.84 % 2019 +0.0 % +0.9 % View data
4 #4
United Kingdom
9.85 % 2019 -1.0 % -1.5 % View data
5 #5
Japan
9.47 % 2019 -1.5 % -2.6 % View data
Compare all 19 countries

Go Top