South Korea - Primary Insurance Density
Since 2014, South Korea Primary Insurance Density grew 2% year on year. With $3,498 Billion in 2019, the country was ranked number 7 comparing other countries in Primary Insurance Density. South Korea is overtaken by United Kingdom, which was number 6 with $4,087 Billion and is followed by Japan with $3,481 Billion. Switzerland lead the ranking with $7,136 Billion in 2019, that is a growth of 0% compared to 2018. Taiwan, Netherlands and Ireland respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +8.9% per year, while South Africa recorded the worst performance at -4.9% per year.
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| Date | Billion US Dollars |
|---|---|
| 2019 | 3,498.00 |
| 2018 | 3,430.00 |
| 2017 | 3,361.00 |
| 2016 | 3,362.00 |
| 2015 | 3,034.00 |
Download all data from 2010 to 2019
How does South Korea rank in Primary Insurance Density?
| # | 19 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
7,136.00 | 2019 | +0.0 % | -2.1 % | View data | |
| 2 |
#2
Taiwan
|
4,488.00 | 2019 | +1.6 % | +2.0 % | View data | |
| 6 |
#6
United Kingdom
|
4,087.00 | 2019 | -0.8 % | -3.3 % | View data | |
| 7 |
#7
South Korea
|
3,498.00 | 2019 | +2.0 % | +2.0 % | View data | |
| 8 |
#8
Japan
|
3,481.00 | 2019 | -1.9 % | -1.6 % | View data | |