South Korea - Insurance Penetration
Since 2014, South Korea Insurance Penetration jumped by 0.9points year on year. At 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 with 9.85 Percent. Taiwan ranked the highest with 20.1 Percent in 2019, an increase of 0.7points compared to 2018. China witnessed the best average annual growth at +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.
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| 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 |